Initial price	£135,000
30/03/24	£125,000
Price Change	-7.41%

This development opportunity in the picturesque village of Banff offers a rare chance for investors and developers to transform a vacant high street commercial unit into nine residential homes and one commercial unit. With planning permission granted, the project includes a full build package available through a local builder, as well as various exit strategies tailored to investment goals. The property has the potential to generate significant returns through the open market sale, residential rental market, and holiday rental market, with the option to leverage specialist lenders for financing. The mix of one, two, and three-bedroom apartments caters to a diverse range of tenants, ensuring steady rental income streams, while the penthouse properties with balconies offer stunning views for lucrative short-term holiday rentals.