11 St Catherine Street Banff AB45 1HT

Property Details: • Type: Semi-Detached • Tenure: N/A • Floor Area: N/A

Key Features: • Prime Property Auctions is excited to present a large 5 bedroom semi-detached house located on a tranquill street in Banff, Aberdeenshire. ***GUIDE PRICE £150,000 *** • *** 10, Fountain Street, Banff, Banffshire, AB45 1JH Sold for £311,311 in May 2024, 17, Waters Edge, Banff, Banffshire, AB45 1GH Sold for £305,000 in July 2024 *** • Property could potentially achieve £3,000 per month if run as a HMO. Subject to necessary planning and consents. This would give an annual income of £36,000, or a gross yield of 24% if achieved at • Property could potentially achieve £1,300 per month if run as a standard buy-to-let, generating an annual gross income of £15,600 or a gross yield of 10.4%. *** SURE TO APPEAL TO A SHREWD INVESTOR • Property benefits from a coastal and tranquil location of Banff and requires a degree of renovation to benefit from full potential. The property would suit a family looking to upsize, or a first time

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 100 West Regent Street, Suite 3.02, Glasgow, G2 2QD

Full Description: Prime Property Auctions is excited to present a large 5 bedroom semi-detached house located on a tranquill street in Banff, Aberdeenshire. ***GUIDE PRICE £150,000 ****** 10, Fountain Street, Banff, Banffshire, AB45 1JH Sold for £311,311 in May 2024, 17, Waters Edge, Banff, Banffshire, AB45 1GH Sold for £305,000 in July 2024 ***Property could potentially achieve £3,000 per month if run as a HMO. Subject to necessary planning and consents. This would give an annual income of £36,000, or a gross yield of 24% if achieved at a guide price of £150,000. *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***Property could potentially achieve £1,300 per month if run as a standard buy-to-let, generating an annual gross income of £15,600 or a gross yield of 10.4%. *** SURE TO APPEAL TO A SHREWD INVESTOR ***Property benefits from a coastal and tranquil location of Banff and requires a degree of renovation to benefit from full potential. The property would suit a family looking to upsize, or a first time buyer looking for a home to put their own stamp on. *** SURE TO APPEAL TO A VARIETY OF BUYERS ****

Prime Property Auctions is excited to present a large 5 bedroom semi-detached house located on a tranquill street in Banff, Aberdeenshire. ***GUIDE PRICE £150,000 ***

Property comprises a large 5 Bedroom Semi-detached House situated over 3 floors with large rooms.

The Ground Floor: Entrance hallway, spacious living room with ample storage, three piece bathroom, a second reception room and well-equipped kitchen, with exit to the garden at the rear.

The First Floor: spacious landing, two large double bedrooms, a third spacious bedroom and second WC.

The Second Floor: Two large double bedrooms.

Property could achieve £3,000 per month if run as a HMO. Subject to necessary planning and consents. This would give an annual income of £36,000, or a gross yield of 24% if achieved at a guide price of £150,000.

*** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***

Property could potentially achieve £1,300 per month if run as a standard buy-to-let, generating an annual gross income of £15,600 or a gross yield of 10.4%.

*** SURE TO APPEAL TO A SHREWD INVESTOR ***

Property benefits from a coastal and tranquil location of Banff and requires a degree of renovation to benefit from full potential. The property would suit a family looking to upsize, or a first time buyer looking for a home to put their own stamp on.

*** SURE TO APPEAL TO A VARIETY OF BUYERS ****

The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher:

*** 10, Fountain Street, Banff, Banffshire, AB45 1JH Sold for £311,311 in May 2024, 17, Waters Edge, Banff, Banffshire, AB45 1GH Sold for £305,000 in July 2024 ***

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.

Location:

Banff, situated in Aberdeenshire, Scotland, is a delightful coastal town that boasts not only stunning natural surroundings but also convenient transport links and a range of amenities. Nestled between the Moray Firth and the rolling hills, Banff offers visitors a picturesque harbour, historic architecture, and charming cobbled streets to explore.

The town provides accessible transport options, making it easy for travellers to reach, and once there, they can enjoy an array of amenities, including restaurants offering delectable seafood, cosy cafes, quaint shops, and comfortable accommodation options.

Additionally, outdoor enthusiasts can take advantage of the nearby coastal walks, water sports, and the beautiful Moray Coast Trail, enhancing the appeal of this captivating destination.