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ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

PRME DEVELOPMENT OPPORTUNITY Portfolio of 4 x 2 bed flats overlooking Banff Marina. 1 apartment tenanted, 3 need completion. Full planning & building warrants.* FINISHED VALUE APPROX. £460,000 * FANTASTIC YIELD AirBnB / Holiday rentals in Prime Location 8 rooms over 4 apartments, sea front marina views. RENTAL INCOME POTENTIAL up to £60,000-£96,000pa (£60per night per room x 200 Nights pa) SUPERB LOCAL SALES EVIDENCE:- 8f, Quayside, sold for £135,000 Jun 2023; 8d, Quayside, sold for £110,000 Jul 2021; 2, Quayside, sold for £143,000 Jun 2021; 6, Scotstown, sold for £112,500 Sept 2023. Excellent Investment Potential, business opportunity with excellent revenue potential as either short term Airbnb holiday apartments or long term rentals potential. Seldom available FREEHOLD Sale. Portfolio of 4 2 bed flats. Ground floor and 1st Floor, 1 completed on ground floor other 3 need completion 7a, b, c & d. 3 level building finished flat worth £110,000 to £115,000 alone. first floor flats have view over marina. Finished value 460K Full Planning (started) and up to date building warant. ill health forces sale. Roof repaired cost 7.5k, 3 x 70k already sunk into property.

Auction Details
04 April 2024, 10am-3pm
Timed Online Auction

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First listed

Over a month ago

Banff, Aberdeenshire AB45

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