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Two-bedroom flat investment property in Banchory

Banchory, AB31 - Get Access

2 bed 1 bath

Description

Located in sought-after Royal Deeside, this tenanted two-bedroom flat presents an exceptional investment opportunity in Banchory, situated £20,000 below the Home Report value. The property currently generates an estimated long-term rental income of approximately £700 per month, equating to £8,400 per annum and representing an attractive 8% gross yield based on the guide price. Alternatively, subject to vacant possession, licensing, occupancy, and operating costs, the property offers strong potential for short-term letting or Airbnb use, with projected revenues of approximately £37,500 per annum. Banchory benefits from a picturesque setting close to the River Dee, local independent shops, cafés, schools, and sports facilities, alongside convenient proximity to Aberdeen, Crathes Castle, and surrounding countryside attractions.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 650 sq ft

This two-bedroom purpose-era flat in Royal Deeside was valued by examining its physical characteristics, estimated 650 sq ft floor area, and good overall condition. The assessment accounts for minor dated elements in the kitchen and bathroom while considering its established rental income and desirable Banchory setting.

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