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6 Bed Terraced House, Cash/Bridging Only, Buckie, AB56 5RY £174,995

5 Lennox Place, Portgordon, Buckie, AB56 5RY - 4 years ago
  1. Deal Search
  2. Buckie
  3. AB56
  4. AB56 5RY
Cash
ROI: 4%
~281 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Buckie
  • More Deals in AB56
  • More Cash/Bridging Only Deals
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  • More Cash/Bridging Only Deals in AB56

Property History

Listed for £174,995

September 7, 2021

Floor Plans

Description

Cash Buy OnlyNumber 5 Lennox Place was known as "The Lennox Pub" and until recently was a very vibrant traditional seaside pub, the last of two in the village that only closed due to a family bereavement.

Lennox Place is situated on the seafront of the Moray Coast, a hop, skip and a jump to the pebbled beaches and the old historic Portgordon Harbour the property has superb views across the Moray Firth.

The residential property offers spacious living accommodation over two floors and will require upgrading and modernization. In total there are six bedrooms, a lounge area, a large dining kitchen, and a WC. Some of the bedrooms have vanity units with a partially installed wet room on the ground floor and a shower room on the upper floor.

"The Lennox Pub" has huge potential and with the relevant acquisition of a licence and upgrading could still be operated as a public house. The pub consists of a traditional long public bar with ample seating, with male toilets; the extensive lounge bar is at the rear of the property and is accessed through the public bar incorporating multiple seating options a dance floor, with dart boards and a pool table. There are both male and female toilets off the lounge bar.

Both dwellings offer huge potential once all future redevelopments were applied for and granted, a fantastic opportunity for those looking at a change of lifestyle, potential B&B with a public house to boot, and where the property's on the Moray Coast are demanding ever-increasing prices.

A south-facing courtyard with grassed area to the rear allows for some off-road parking.
Extras (included in the sale): All fitted floor coverings, blinds, and light fittings, along with the furniture in the public house.

Agent Details

McEwan Fraser Legal, Aberdeen

01224 007451

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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