Tenanted Property

Going under the hammer is this immaculate tenanted two bedroom first floor apartment, centrally located in the highly sought after coastal village of Aberdour, Fife. Set within extensive and well maintained shared garden grounds, and adjoining the historic Aberdour House which dates back to 1672, the tenants in situ offer immediate gross rental yield of 5% (at Guide Price) with future potential to increase rental in line with current legislation. In addition, a massive discount in excess of 30% against the Home Report valuation of £220,000, gives the buyer significant degree of equity at time of purchase. The accommodation comprises spacious and bright lounge with great views, two bedrooms, kitchen and bathroom with shower over bath. Also included is allocated resident’s parking and single garage. The immediate income and significant equity gain is sure to attract existing rental investors, and could also be a great start to your buy to let portfolio. Early viewing is recommended. Council Tax Band: E. Comparables 11 Hewitt Place, Sold For £225,000, 12/23

Tenure

Freehold

Area

Hewitt Place is reached via private access road as part of a residential development including conversion of the historic Aberdour House, close to the centre of the ever popular village of Aberdour on the shores of the Firth of Forth. The scenic village offers a range of local retail and leisure options, with the beautiful Silver and Black Sands beaches proving popular with locals and visitors alike. Rail links are provided by Aberdour railway station, and the A921 provides access to the M90 motorway network.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Fife Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.