2 bedroom flat for sale

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2 bedroom flat for sale

11 Low Street, Banff, AB45 1AS
£48,000

Price History

Initial price £50,000
26/04/24 £48,000
Price Change -4.00%

Description

Prime Property Auctions is offering an exceptional 2-bedroom flat located in a prime area of Banff, Scotland, with a Home Report value of £58,000. The property has previously sold for £130,000 and £195,000, and could attract a monthly rental of £700-£775, providing a gross yield of 17-18%. The flat boasts ample storage, on-street parking, and well-kept communal areas. With a guide price of £50,000, this property presents a turnkey investment opportunity with high yield potential. The local area has seen strong demand, with recent sales evidence showing that there is a strong demand for properties in the area. The property is open to immediate offers and will feature in an upcoming timed online auction.