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King Edward, Banff AB45

Scotland

£290,000

Listed on 23/06/2026

Property details

Bedrooms
5
Type
Farmhouse
Area
2960 sqft

Description

Presenting Bogside Farmhouse, a substantial period property located in the tranquil countryside of King Edward, near Banff. This spacious farmhouse boasts generous living accommodations across two levels, complemented by a full-height underfloor cellar that offers potential for further development. Included with the property is a sizable adjacent outbuilding, in excellent condition, ideal for various purposes such as mechanical work, sports facilities, or animal housing. It’s also conducive to the installation of an attic floor to expand usable space even further. Surrounded by stone walls softened by established hedges, the garden features a mix of lawns and stone chippings adorned with mature shrubs. Additionally, there is an opportunity to negotiate for up to 9 acres of flat grazing land nearby, which could be subdivided if desired. The farmhouse retains numerous original characteristics typical of its era but is now ripe for modernisation and upgrades to enhance its functionality and value. Located conveniently between Turriff and Banff—both just 5-6 miles away—residents will find a variety of shopping and leisure options nearby, along with access to local primary education at King Edward Primary School.

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Investment analysis

(AB45 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£98/sq ft
Area Average
£143/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£464,143
10% above area average per sq ft
Potential ROI
+22.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (AB45)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -0.2%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on AB45 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

King Edward, Banff AB45
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,096
Based on a loan of £217,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

Next Steps

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