3 Strait Path, Banff, Aberdeenshire, AB45 1AD

Property Details: • Type: Flat • Tenure: N/A • Floor Area: N/A

Key Features:

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

Agent Information: • Address: 4/2 Carpet Lane, Edinburgh, EH6 6SS

Full Description: Low cost investment property set in the popular and attractive costal town of Banff, in Aberdeenshire.Large 2 bedroom duplex property is certain to appeal to investors as it offers the opportunity to add value through modernisation and refurbishment as well as potential for an excellent rental yield and even the possibility of reconfiguration to create an additional property- subject to planning of course.Large, 2 Bedroom, duplex property set in the popular costal town of Banff, Aberdeenshire offering potentially excellent rental yield and outstanding return on investment.The property has been vacant for an extended period and will require a degree of upgrading prior to habitation but this property offers an outstanding investment opportunity with a realistic rental income of £400pcm (£4,800 per year) easily attainable.The property is extremely large and may offer potential for re-configuration to create 2 individual properties (subject to necessary consents) potentially commanding an increased rental income of up to £350 per month, per property (£8,400 per year) in excellent rental spot close to the well-equipped town centre.This property is certain to appeal to investors as it offers potential to add significant value as well as offering a potentially excellent yield.The large flat enjoys an excellent position within the former Royal Borough giving easy access to Banff Primary School and Banff Academy as well as the Royal Golf Club and Chalmers Hospital.Banff is well-known for it's famous beach and harbour with the historic Banff Castle located in the centre of the town.Banff is well-located for access to Aberdeen, Peterhead, Fraserburgh, Elgin and Inverness.Speak to Braveheart Auctions about our reduced buyers fee on this lot.The popular town of Banff Banff is situated on the Moray Firth coast at the mouth of the River Deveron and is renowned for its historic buildings and tourist interest. Lying approximately 45 miles from Aberdeen, Banff has a good range of shops and other local services. Recreational facilities such as golf, fishing, bowling, swimming, sailing and other water sports are all within easy reach.Sold Prices-6 Strait Path, Banff, £168,000- Dec 20221A Strait Path, Banff, 2 Bed, £45,000- Mar 2022 Note to buyer. 3 Strait Path, Banff will be sold under auction terms and conditions and purchase will be on an unconditional basis. The auction will take place online. Please ensure all research has been carried out prior to bidding including examination of legal documents and any queries in relation to planning.Auction fees/ Buyers Premium and deposit payment will be due immediately upon fall of the hammer- Deposit will be payable upon acceptance of an offer with the remainder to paid through licenced conveyancer.Seller has indicated that pre-auction offers will be considered for this investment property.Speak to Braveheart Auctions about submitting an offer now.