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Two-bedroom flat investment property in Banchory
Banchory, AB31 - Get Access
2 bed
1 bath
Description
Town & Country Property Auctions presents a tenanted two-bedroom flat investment property situated in Banchory, Aberdeenshire, offered £20,000 below the Home Report value. The property currently generates a long-term rental income of approximately £700 PCM (£8,400 per annum), representing an 8% gross rental yield based on the guide price. Alternatively, if converted to a short-term let or Airbnb, the property offers a projected revenue of approximately £37,500 per annum, subject to vacant possession, licensing, occupancy, and operating costs. Located in sought-after Royal Deeside, the property benefits from proximity to Aberdeen, Crathes Castle, and popular countryside attractions, adding strong long-term investment and tourism appeal. Pre-auction offers are considered.
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Estimated market value
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Range:
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Medium confidence
Floor Area Estimated: 650 sq ft
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