No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 06 June 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
DEVELOPMENT OPPORTUNITY in scenic coastal town of Macduff. Former Shop site with plans for 6 2-bed & 1-bed appalments. Located in Duff Street close to the harbour. SUIT BUILDER / DEVELOPER. Finished Value could reach up to £900,000 on completion, average price for a 2 bed apartments in Maduff is £127,500. Opportunity for capital appreciation. Comprises of substantial development opportunity. Plans available showing proposed 6 2 bed apartments and a one bed.. May suit multiple use (subject to investigating and gaining necessary consents). Completed properties could provide an excellent short term rental income. RENTAL INCOME POTENTIAL up to £60,000-£112,000pa (£40per night per room x 200 Nights pa) Macduff is a popular AirBnb location.
Auction Details
06 June 2024, 3pm
Deadline for Offers
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)
DEVELOPMENT OPPORTUNITY in scenic coastal town of Macduff. Former Shop site with plans for 6 2-bed & 1-bed appalments. Located in Duff Street close to the harbour. SUIT BUILDER / DEVELOPER. Finished Value could reach up to £900,000 on completion, average price for a 2 bed apartments in Maduff is £127,500. Opportunity for capital appreciation. Comprises of substantial development opportunity. Plans available showing proposed 6 2 bed apartments and a one bed.. May suit multiple use (subject to investigating and gaining necessary consents). Completed properties could provide an excellent short term rental income. RENTAL INCOME POTENTIAL up to £60,000-£112,000pa (£40per night per room x 200 Nights pa) Macduff is a popular AirBnb location.
Auction Details
06 June 2024, 3pm
Deadline for Offers
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.