Town & Country Property Auctions present this central Banff opportunity, offered £25,000 below Home Report with strong But-To-Let & Serviced Accommodation upside!
5 Low Street
Guide Price: £30,000
Home Report Value: £55,000
Town Centre Coastal Home | Strong School Catchment | BTL & SA Upside
Town & Country Property Auctions present this centrally located property in the heart of Banff, offering an affordable entry point for investors, first-time buyers, and small families seeking walkable town-centre living.
Set on Low Street, the property benefits from immediate access to local shops, everyday services, cafés and amenities, while also sitting within easy walking distance of key schooling. Banff Primary School and Banff Academy are both close by, making the location particularly appealing to small families and long-term tenants, supporting strong and consistent rental demand.
The area also benefits from Banff’s coastal setting, with beaches, harbour walks, golf facilities and the Moray Firth all nearby, enhancing lifestyle appeal and underpinning demand for short-stay accommodation from tourists, golfers and visiting professionals.
From an investment perspective, the fundamentals are compelling. Estimated long-term rental demand sits at approximately £500 per month, while serviced accommodation presents strong additional upside (subject to local authority consent), with projected income of circa £19,500 per annum, based on 54% occupancy and an ADR of £99.
Offered at £25,000 below Home Report value, this represents a high-yield, multi-strategy opportunity combining instant equity, school-led rental demand and coastal short-term letting potential.
£25,000 below Home Report
£19,500 Per Annum Potential
Central Banff town-centre location, within walking distance of Banff Primary Schools
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).
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