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See how verdicts work4-bedroom flat · AB45 1DE
For saleReduced £16k (−11%) on 28 JulListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer for sale this substantial and spacious maisonette, which forms part of the ground first and top floors of a substantial stone-built property.
The property occupies a prime central location in the coastal town of Banff and is conveniently placed for the town centre shops, supermarkets, schools, Duff House Royal Golf Course and leisure facilities.
Greystone House offers spacious accommodation spanning three floors and benefits from mains gas central heating but would be enhanced by some upgrading works.
Many of the traditional features within the property have been retained including sweeping staircase, fireplaces, the high ceilings with ceiling cornice detail and panelled interior doors, which will appeal to those seeking a home with charm and character.
Any fitted floorcoverings, curtains, window blinds and light fittings are included in the price.
Hallway, Lounge, Library/Study, Dining Room, Dining Kitchen, Utility Room, Office, Bathroom, Shower Room & 4 Double Bedrooms.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Greystone House, 1 Old Castlegate, Banff
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