Strait Path, First Floor Flat, Banff... 2 bed flat for sale

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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

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.