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2 bedroom flat for sale

55, Bridge Street, Banff, AB451HD

Guide Price £40,000

Property Description

Key features

  • **GREAT INVESTMENT OPPORTUNITY** Immaculately presented 2 bedroom flat in prominent position in the centre of Banff. Sure to attract interest from a number of investors.
  • Property comprises:- First Floor- Hallway, living room and kitchen. Attic Floor- Hallway, bathroom and two bedrooms. Property benefits from Gas central heating while the majority of windows are of a s
  • **9, Bridge Street, Banff AB45 1HD 68,500** **45, Bridge Street, Banff AB45 1HD 70,000** **39, Bridge Street, Banff AB45 1HD 98,500**
  • Realistic rent in the area 500-550pcm giving an annual income of 6,000-6,600 per annum and providing an impressive yield of 13-14% if achieved for guide price.
  • 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

Full description

It should be noted that Bridge Street falls under the local regeneration programme and as such the property may be entitled to property improvement grants. All enquiries relating to this matter should be directed to the local authorities. Excellent opportunity to purchase extremely well presented 2 bedroom flat in prominent central position in the commuter town of Banff. Sure to attract interest from a number of investors. Property comprises:- First Floor- Entrance stairway leads to hallway, the living room is a beautiful bright corner room with large windows and separate kitchen which is a good size and offers space for breakfast bar or small table. Attic Floor- Hallway, freshly decorated bathroom with shower and two double bedrooms. Location of flat means it is an excellent investment flat with good rents achievable, Realistic rent in the area £500-£550pcm giving an annual income of £6,000-£6,600 per annum and providing an impressive yield of 13-14% if achieved for guide price. Some excellent sales evidence in the area, some examples of this are as follows:- **9, Bridge Street, Banff AB45 1HD £68,500** **45, Bridge Street, Banff AB45 1HD £70,000** **39, Bridge Street, Banff AB45 1HD £98,500**


Listing History

Added on Rightmove:
22 August 2018

Map & Street View

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