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5 bedroom semi-detached house for sale
11 St Catherine Street Banff AB45 1HT
£140,000
11 St Catherine Street Banff AB45 1HT
£140,000
Price History
Initial price | £150,000 |
12/02/25 | £140,000 |
Price Change | -6.67% |
Description
Prime Property Auctions presents a large 5-bedroom semi-detached house in Banff, Aberdeenshire, with a guide price of £140,000. The property, which requires renovation, has the potential to generate a high yield as a HMO or standard buy-to-let investment. With a tranquil coastal location, the property could achieve £3,000 per month as a HMO, resulting in an annual income of £36,000 and a gross yield of 26%. Alternatively, it could generate £1,300 per month as a standard buy-to-let, resulting in an annual gross income of £15,600 and a gross yield of 10.4%. The property has recently sold similar properties in the area for higher prices, making it a potentially high-yielding investment opportunity. It would suit a family looking to upsize or a first-time buyer looking for a home to put their own stamp on.