Contact information for Scotland’s leading national law firm, solicitor estate and letting agent. Aberdein Considine, 40 - 42 Queen Street, Peterhead.
40 & 42 Queen Street
DX: DX 521370 PETERHEAD
We are proud to offer clients the support of some of Aberdeenshire’s most experienced property professionals from our estate agency and lettings office in Peterhead. We also offer our full range of legal and independent financial services from the site.
The Peterhead market started slowly in 2018 but there has been a marked increase in valuations from previous years and an increase in viewings in the last couple of weeks.
We are now beginning to see more offers coming through, although the market is still not as vibrant as we would expect. It is still a buyers’ market with a significant number of properties on the market, as well as many new build properties also for sale which creates substantial competition for the second hand market.
With the Spring market almost here, there is a degree of optimism. New properties to the market, if priced competitively, are selling.
Properties which seem to be selling particularly well in the current market are two and three bed ex local authority houses within the £100,000 to £120,000 price range. In addition, well presented family properties up to £200,000 are also proving attractive.
Higher end properties can be slightly harder to sell with fewer buyers for these type of homes. Lower end properties, especially those requiring work done to them are the most difficult to sell. This could well be the ideal time for those looking for a project to find a bargain to try and make some profit.
For anyone selling and buying on, if they do need to accept a slightly lower figure for their sale, they can certainly benefit by negotiating a good deal on their next purchase. This also means that for a first time buyer, there is a lot of choice out there and bargains to be had. With great mortgage deals available and a good range of properties at realistic prices, there has never been a better time to get on the property ladder.
The start of 2018 began reasonably slowly however viewings and offers have picked up, in the Peterhead area.
Rental prices are considerably lower in the far North East and generally those tenants applying are locally based. Rental properties in Peterhead town tend to be smaller in and receive more interest. That said, landlords do need to look at keeping prices realistic and ensure their properties are maintained to a high standard.
The demand for smaller properties in the local area has been relatively busy with one and two bedroom furnished flats and houses being let in the region of £350pm up to £600pm.
There is an optimistic feel as Spring approaches and recent activity suggests this could be quite a busy period.
Larger and more rural properties in the Peterhead area are definitely more challenging to let, particularly during the winter months, however with increased activity over the Spring months they should let if they are competitively priced.
As we move forward in 2018, if demand continues, we are optimistic that if properties coming onto the letting market in Peterhead are well-presented, and rental prices are kept to a reasonable level, that they will let quickly.
The introduction of new legislation at the end of last year in respect of Private Residential Tenancies doesn’t yet appear to have had a material impact on the market but it is probably too early to make a judgement on what effect this will have locally.
Boddam is a coastal fishing village on the A90 approximately 28 miles north of Aberdeen which is ideal for commuting to the city, the airport and nearby towns such as Ellon. The village has a range of amenities including a shop, restaurants, a post office and a primary school. There is also access to the new Buchan Braes Business Centre which has a dentist, beautician, nursery, kids soft play, gym and much more. There are also two hotels. Secondary schooling is in nearby Peterhead along with a range of shops, supermarkets and leisure facilities. It has a harbour which is used for small craft and the famous lighthouse although the lighthouse keeper’s cottages are now used for holidays.
Mintlaw is a charming village on the A952 approximately 28 miles north of Aberdeen and is a busy central hub, ideal for commuting to the city, the airport and nearby towns such as Peterhead, Fraserburgh and Ellon. There are good bus routes to all surrounding areas as well as Aberdeen and there is also a Park & Ride facility at Ellon which a lot of commuters regularly use to travel to the city. There is superb countryside, woodland walks and an abundance of wildlife nearby as well as the popular Aden Country Park. Extensive amenities include a good range of shops, a garden centre and cafe, takeaways, pubs, hotels with restaurants, library, primary and secondary schooling, a health centre, dentist, bowling club and the recently opened community centre offers activities for children. This is popular and busy village in central Buchan and is popular with young and old alike.
Only a short drive from Peterhead and Mintlaw, Longside is a popular village with a good sense of community. There are two shops, a 19 hole golf course, golf and football ocial clubs, a tennis club, two churches, two garages, a hairdresser and a superb state-of the art primary school with senior schooling at nearby Mintlaw. it is well within commuting distance of Aberdeen and the Airport at Dyce and many commuters use the Park & Ride facility at Ellon.
St Fergus is a quiet village about 4.5 miles north of Peterhead. It has a range of amenities including a primary school , car sales and a lounge bar. There is a sheltered housing development and the village is in two parts, St Fergus itself and the Kirktown area. There is a mix of housing and there is a bus route from Peterhead to Fraserburgh. Peterhead is only a short drive away which has a much wider range of amenities such as supermarkets, a community centre, secondary school and a range of shops. Scotstown beach is a short distance away which provides great seaside walks.
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It was a pleasure doing business with the team at the Aberdeen office. They were professional, prompt and overall offered excellent customer service, much appreciated.
S. Clark, sale client
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