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2 Bedroom Flat

2 Bedroom Flat

Address

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Auction date

23 Apr 2026

Guide price

£9,000

Type

Flat

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

Opportunity to acquire a first floor flat located in the quiet seaside village of Banff. This property is available for conversion into two flats (subject to consent) and needs complete refurbishment. It is situated in a superb coastal location with the potential for a rental income of £800 per month, yielding an annual gross rental of approximately £9,500. This is positioned as an excellent investment opportunity, featuring a shared garden area to the rear.

The flat consists of two bedrooms, and it is close to local amenities, including schools, shops, and leisure opportunities, with easy access to public transport linking to Aberdeen and Inverness. Sales evidence indicates properties in the area have sold for up to £60,000, showcasing the potential of this property as a buy-to-let investment or holiday let once refurbished.

Last update: 15 Apr 2026

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