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9 bedroom property with land for sale
High Street, Banff, Banffshire
£125,000
High Street, Banff, Banffshire
£125,000
Price History
Initial price | £135,000 |
30/03/24 | £125,000 |
Price Change | -7.41% |
Description
This property in the picturesque village of Banff offers a rare opportunity for investors and developers to convert an existing commercial unit into nine residential homes and one commercial unit, with planning permission already secured. The proposed development includes a mix of one, two, and three-bedroom apartments, as well as a penthouse property with stunning views. With a full build package available and various exit strategies tailored to investment goals, the project has the potential to provide substantial returns through both the open market sale and the residential rental market. The property's prime location in Banff, with its vibrant community and proximity to attractions, makes it an attractive investment opportunity. Financing options are also available to help get the project off the ground.