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Strait Path, First Floor Flat, Banff... 2 bed flat for sale
Strait Path, First Floor Flat, Banff, Banffshire AB45
£16,000
Strait Path, First Floor Flat, Banff, Banffshire AB45
£16,000
Price History
Initial price | £17,000 |
11/01/25 | £23,000 |
18/01/25 | £17,000 |
25/01/25 | £23,600 |
01/02/25 | £17,000 |
08/02/25 | £23,600 |
15/02/25 | £17,000 |
22/02/25 | £11,000 |
01/03/25 | £17,000 |
08/03/25 | £23,000 |
15/03/25 | £17,000 |
22/03/25 | £21,600 |
29/03/25 | £16,000 |
Price Change | -5.88% |
Description
This property is a development opportunity located in Banff, within walking distance of the coastal path, harbour, and various shops. The flat currently has a dividing wall and requires further work to complete the conversion into two separate flats. Once refurbished, the property has the potential to generate £800 per month in rental income, making it an excellent buy-to-let investment or holiday let opportunity. With similar properties in the area selling for £43,000 to £60,000, this presents a unique chance to acquire a coastal property at a competitive price. The property will be auctioned online on April 3, 2025, and is being sold by Future Property Auctions, Scotland's largest land and property auction house.