No longer on the market
This property is no longer on the market
Map8 bedroom flat
Auction
Flat
8 beds
Key information
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 04 April 2024
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
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
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
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.