Three bedroom upper cottage flat.

This exciting refurbishment opportunity is ideally located less than one mile from Kirkcaldy town centre. This spacious upper cottage flat comprises a lounge, kitchen, three bedrooms and bathroom, offering fantastic potential for investors, developers or owner-occupiers seeking a value-add project. The property requires full refurbishment throughout, presenting an outstanding opportunity to add significant value. Once upgraded, the property could generate an estimated rental income of approximately £8,557 per annum based on current LHA rates, with potential for higher returns within the strong local rental market. Due to the current condition, the property is presently uninhabitable and unsuitable for conventional mortgage lending. Early viewing is highly recommended to appreciate the potential and opportunity on offer. EPC Rating C. Council Tax Band B.

Tenure

Freehold

Area

Adamson Avenue offers convenient location close to Kirkcaldy town centre. The town is a major service centre for the central Fife area, home to a swimming pool, theatre, museum and art gallery, three public car parks and an ice rink. Its lies approximately twelve miles from Edinburgh and twenty-five miles from Dundee. Kirkcaldy is well catered for by schooling and a new hospital. The High Street is a bustling community and lies parallel to the beach.

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.