Studio
£150,000
Low Street, Banff AB45
  • *excellent portfolio investment opportunity* 4 Properties located in centre of Banff, Aberdeenshire. Portfolio would provide super return for Buy to let landlords.
  • **all flats and communal stair in excellent condition** portfolio comprises:- 2 X 1 Bedroom flats and 2 x 2 Bedroom Flats.
  • Currently one of the 1 bedroom flat is tenanted at £365pcm, once other flats are tenants this would provide an annual income of £19,560 and provide a terrific yield of 13%
  • Excellent local sales evidence- 27, Low Street, Banff, £70,000...37, Low Street, Banff £115,000... 15, Low Street, Banff £61,500
  • Excellent Transport links including the A96 located to the West and A90 on the East. Located only 45 miles (Approximately one hour's drive) from Aberdeen
** sale by auction - 05 December 2019 **
Edinburgh Marriott .

*excellent portfolio investment opportunity* 4 Properties located in centre of Banff, Aberdeenshire. Portfolio would provide super return for Buy to let landlords. **all flats and communal stair in excellent condition** portfolio comprises:- 2 X 1 Bedroom flats and 2 x 2 Bedroom Flats. All properties benefit from Double glazed windows, Electric heating with one of the flats having electric storage heaters and top floor flats also enjoy stunning views of the Banff Coast. Currently one of the 1 bedroom flat is tenanted with a long terms tenant and the property is in excellent condition, it is being rented at £365pcm, once the other flats are tenanted at their last rental figures this would produce annual income of £19,560 and provide a terrific yield of 13%. Excellent local sales evidence- 27, Low Street, Banff, £70,000...37, Low Street, Banff £115,000... 15, Low Street, Banff £61,500

Amenities are available locally within Banff Town Centre with a further range of shops, bars and restaurants found in Aberdeen City Centre lying to the south. Public transport links are available locally along with a network of local bus services serving the surrounding areas. The property is served by road links including the A96 located to the West. Recreational pursuits can be found at Duff House Royal Golf Club lying to the south east. For the out door enthusiast there are hillwalking, golf, fishing, horse riding and shooting facilities around the town. The world famous whisky trail ends approximately 20 miles away.

Auction Details
05 December 2019,7.00pm
Edinburgh Marriott, 111 Glasgow Road, EH12 8NF How to Bid Now
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