For Sale By Auction | 14:00, 29 November 2018 | Lot 23

9, Francis Street, Lochgelly, Fife, KY5 9NN

*Guide | £24,000+ (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 29/11/2018

Auction Time

14:00

Auction Venue

200 St Vincent Street, Conference and Events Venue, Glasgow, G2 5RQ

Viewing Times:

Mon 19 Nov

15:00-15:15

One bedroom flat

This well presented first floor apartment enjoys a fantastic central location within minutes of the motorway for the commute to Edinburgh with a large variety of local amenities and would make a good addition to a buy to let portfolio as it offers a potential rental yield of over 17%. Access to the flat is through a main security entry door into a well-maintained communal area. The entrance hall is bright and light leading to a corridor which includes two storage cupboards. The lounge is spacious and has a large window to the front of the property. The kitchen has modern style units which include washing machine, oven, hob and hood. The double bedroom is sizeable with triple wardrobe space. The bathroom comprises of a modern three-piece white suite with overhead shower. The property further benefits from double glazing and gas central heating throughout. Off street parking is available with ample visitor parking. There is also a communal drying green to the rear of the apartments.

Tenure

Freehold

Home Report £40,000

Fantastic potential yield of over 17%

Ideal buy to let opportunity

Close to all local amenities and town centre

Perfect base for commuting to Edinburgh

Secure door entry

Potential rental value £350pcm at LHA rates / £4,200pa

Area

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Fife Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

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