2 bedroom flat for sale

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2 bedroom flat for sale

3 Strait Path, Banff, Aberdeenshire, AB45 1AD
£15,000

Price History

Initial price £19,000
29/03/25 £15,000
Price Change -21.05%

Description

This is a low-cost investment property located in the popular coastal town of Banff, Aberdeenshire. The 2-bedroom duplex property is in need of modernization and refurbishment, offering the potential to add significant value and generate a excellent rental yield. The property is extremely large and could be reconfigured to create two individual properties, potentially commanding a higher rental income. With a realistic rental income of £4,800 per year, this property is an outstanding investment opportunity. The town of Banff is well-known for its historic buildings, tourist attractions, and recreational facilities, and is located approximately 45 miles from Aberdeen. The property is being sold under auction terms and conditions, with a deposit payable upon acceptance of an offer and the remainder due through a licensed conveyancer. The seller is open to pre-auction offers, and interested buyers are encouraged to speak to Braveheart Auctions about submitting an offer.