This vacant two-bedroom end-of-terrace house presents an excellent opportunity for renovation in a sought-after area of Fraserburgh. With a Home Report valuing it at £75,000 and evidence of recent sales in the vicinity ranging from £105,000 to £120,000, this property holds notable investment potential. The existing layout includes a welcoming entrance hallway leading to a cozy living room and a practical kitchen on the ground floor, while the first floor features two well-proportioned bedrooms and a modern shower room. Given the requirement for refurbishment, this house is ideal for investors seeking to pursue the Buy, Renovate, Rent, Refinance (BRRR) strategy or for first-time buyers looking to make their mark. The local rental market suggests that once renovated, the property could achieve rental yields between £900 and £1,000 per month, translating to annual returns of approximately £10,800 to £12,000—yielding an impressive return of 18% to 19%. This property is positioned within a vibrant community offering essential amenities and good transport links, making it attractive for both renters and future homeowners. With substantial scope for personalization and growth in value post-renovation, this listing represents a significant prospect for those willing to invest time into its development.
