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35 Balmoor Terrace, Peterhead, Aberdeenshire

Scotland

£105,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1561 sqft

Description

This traditional detached house presents a promising opportunity for those seeking to make their mark. Situated on the sought-after Balmoor Terrace, this property is conveniently located near the town centre and essential transport links. The home features a practical layout with an entrance vestibule, two front-facing reception rooms, a bedroom, kitchen with an adjoining utility area, and a bathroom on the ground floor. Upstairs, you will find two additional bedrooms along with an L-shaped room which could be utilized for extra storage or converted into accommodation space. The exterior boasts a driveway, garage, and a spacious rear garden, adding to its appeal. Although the property is functional as is, it would greatly benefit from refurbishment, allowing you to tailor it to your needs or even reconfigure it for commercial use with the necessary planning permissions. Notably offered at a competitive price point of £40,000 below the home report value, this house represents an excellent investment potential in a vibrant community rich with amenities including shops, cafes, recreational facilities, and coastal activities. Prompt viewing is recommended to fully appreciate what this property offers.

Investment Analysis

(AB42 area)

Below Market Value

This property is priced -50.1% below area average per sq ft

-50.1%
Potential saving
This Property
£67/sq ft
Area Average
£135/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£231,551
10% above area average per sq ft
Potential ROI
+59.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
686%
Properties sold annually

Local Market Trend (AB42)

Area prices are falling by -6.5% over the last 12 months
3 year growth: -3.3%
5 year growth: -0.5%
Investment Disclaimer: Analysis based on AB42 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

35 Balmoor Terrace, Peterhead, Aberdeenshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£379
Based on a loan of £78,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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