1 bed Flat For Sale £27,000
Castle Street Portfolio, Banff AB45

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

SUPER INVESTMENT/ DEVELOPMENT OPPORTUNITY. Portfolio containing 1 Bedroom flat, Spacious First Floor office, basement and 7 car parking spaces in the centre of the costal town of Banff, Aberdeenshire. Super potential rental income with REALISTIC COMBINED POTENTIAL INCOME OF OVER £16,000 PER ANNUM when occupied giving outstanding return in initial investment in HIGH DEMAND LOCATION with town centre. POTENTIAL FOR MULTIPLE USES. Super sized units. 1st Floor Office 106.16 sqm (1,142 sqft) Basement Storage 42.36 sqm (456 sqft) Flat 75.81 sqm (816 sq ft) Total 224.33 sqm (2,414 sqft) A degree of refurbishment will be required. Potential to split the title and sell the properties individually to release funds quickly following purchase with HIGH CAPITAL GROWTH EXPECTATION at guide price. Ground Floor NOT INCLUDED. SUPER POSTION within the popular town centre. Ideally placed to capitalise on the thriving tourism industry throughout the costal town's on Scotland's North East. Close to Banff Castle and Tesco.

Auction Details
21 September 2023, 10am-3pm
Timed Online Auction

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