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Strait Path, First Floor Flat, Banff... 2 bed flat for sale
Strait Path, First Floor Flat, Banff, Banffshire AB45
£17,000
Strait Path, First Floor Flat, Banff, Banffshire AB45
£17,000
Our Summary
- Further development required to complete conversion into 2 flats
- * EXCELLENT DEVELOPMENT OPPORTUNITY * Sales Evidence: 10, Strait Path, Banff, 1 bed sold for £60,000
- Auction Details17 April 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- AUCTION DATE: 17 April 2025
Description
This property is a development opportunity located in Banff, within walking distance of the coastal path, harbour, and various shops. The lot currently consists of a large flat with a dividing wall, requiring further development to complete the conversion into two flats. Once refurbished, the property has significant rental potential, with a potential monthly rental income of £800. The area offers excellent educational, retail, and leisure opportunities, making it an attractive location for a holiday home or seaside retreat. With sales evidence of similar properties in the area, this presents an excellent buy-to-let investment opportunity or holiday let/holiday apartment in a superb coastal location.