2 bedroom flat for sale

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2 bedroom flat for sale

11 Low Street, Banff, AB45 1AS
£48,000

Our Summary

  • This would provide an impressive 17 - 18% gross yield if achieved for the guide price of £50,000 - ***HIGH YIELD POTENTIAL***   Sure to appeal to owner occupiers looking for a fantastic new home or shrewd landlords looking for a great ready to let investment opportunity in a sought after buy to let location - ***TURNKEY INVESTMENT OPPORTUNITY***   Property is located within a prime location in Banff with local amenities nearby
  • Great Potential for shrewd investors / developers to renovate and put their own stamp on
  • Sure to appeal to shrewd buy to let investors looking for a great investment opportunity or a homeowner looking for an excellent home
  • Excellent turn-key investment Opportunity
  • Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

Prime Property Auctions is offering an exceptional 2-bedroom flat located in a prime area of Banff, Scotland, with a Home Report value of £58,000. The property has previously sold for £130,000 and £195,000, and could attract a monthly rental of £700-£775, providing a gross yield of 17-18%. The flat boasts ample storage, on-street parking, and well-kept communal areas. With a guide price of £50,000, this property presents a turnkey investment opportunity with high yield potential. The local area has seen strong demand, with recent sales evidence showing that there is a strong demand for properties in the area. The property is open to immediate offers and will feature in an upcoming timed online auction.
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