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12 Tullochgorum Gardens, Longside Peterhead, AB42 4TA

Scotland

£70,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terrace house offers a solid investment opportunity in the desirable area of Longside, Peterhead. Featuring two spacious bedrooms and well-proportioned living areas, including a welcoming entrance vestibule, comfortable living room, a versatile study/dining space, and an equipped kitchen, the property provides a great foundation for renovation. Although it requires some refurbishment to realise its full potential, the location is supported by excellent local amenities and transport links that make it appealing to both students and young professionals. Once upgraded, the property could generate a strong rental income of approximately £850-£900 per month, equating to an annual yield of around 13% to 14% at the guide price. This property is an attractive option for investors looking to add value through renovations while benefiting from long-term capital growth in a thriving community.

Investment Analysis

(AB42 area)
Area Average
£134/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
91%
Properties sold annually

Local Market Trend (AB42)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -2.4%
5 year growth: -1.3%
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

12 Tullochgorum Gardens, Longside Peterhead, AB42 4TA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£248
Based on a loan of £52,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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