Our Summary

• 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
• 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
• 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
• 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