3 Strait Path, Banff, Aberdeenshire, AB45 1AD
- PROPERTY TYPE
Flat
- BEDROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Description
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 2022
1A 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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
3 Strait Path, Banff, Aberdeenshire, AB45 1AD
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Visit our security centre to find out moreDisclaimer - Property reference 41FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Braveheart Auctions Limited, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Braveheart Auctions Limited, Edinburgh on 0131 381 5170.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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