Initial price	£30,000
15/07/23	£40,000
22/07/23	£30,000
29/07/23	£40,000
04/08/23	£38,000
05/08/23	£29,000
12/08/23	£40,000
19/08/23	£30,000
26/08/23	£40,000
05/09/23	£30,000
09/09/23	£38,000
16/09/23	£29,000
07/10/23	£40,000
12/10/23	£38,000
14/10/23	£27,000
04/11/23	£30,000
14/11/23	£26,000
02/12/23	£25,000
31/12/23	£32,000
06/01/24	£24,000
13/01/24	£32,500
21/01/24	£25,000
18/05/24	£24,000
15/06/24	£25,000
Price Change	-16.67%

This spacious flat located in the heart of Banff offers a unique development opportunity to convert it into a two-flat property, with part of the work already initiated with an existing dividing wall in place. Situated within walking distance to the coastal path, harbour, and a variety of shops, it presents an ideal home for those seeking a holiday home or a peaceful seaside residence. The property has significant potential as a rental property or holiday let, with an estimated rental income of £800 per month once refurbished. With comparable sales in the area, a 3% buyer's fee applies, and the flat is expected to attract keen interest from investors and developers alike. The auction for this property is conducted online, and interested parties are encouraged to submit their bids through the Future Property Auctions platform, which is known for its extensive selection of land and property auctions in Scotland, including a diverse range of flats, houses, and commercial properties.