For Sale By Auction | 14:00, 27 June 2019

Belleisle, 72 & 74, South Street, Milnathort, Kinross, KY13 9XB

*Guide | £200,000+ (plus fees)

  • Detached House
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 27/06/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Viewing Times:

Wed 5 Jun

17:30-15:45

Portfolio of two properties

This substantial property enjoys prime central position within the popular commuter village of Milnathort which offers easy access to both Perth to the north and Edinburgh to the south. The property offers an outstanding and unique development opportunity with a number of different end options due to the title comprising both a large family home (No.74) and a separately accessed one bedroom flat (No.72) on the lower quarter of the whole. The area to the rear offers further benefit with the area on which the double garage sits being of a sufficient size to suit a new build detached property subject to planning. The flat could be incorporated as part of the overall development or, alternatively, be retained as an income generating rental or “granny flat”. Each property could be upgraded/modernised separately, but the potential to develop both together could be an even more exciting prospect. The current accommodation layout of the main property comprises, on the ground floor, two spacious public rooms to the front of the property with a further public room, large kitchen and conservatory to the rear. On the upper floor are three double bedrooms with fitted storage and a large family bathroom. The property also benefits from gas central heating, double glazing and extensive garden grounds and larger double garage to the rear. The smaller flat is accessed from the side of the property and offers a large lounge/diner to the front, double bedroom, kitchen, shower room and electric heating system. There is private access to the rear of the property via the lane to the left. This property is perfect for a developer who would undertake the required upgrade works and either hold for rental income or gain margin through resale as family home.

Tenure

Freehold

Keenly priced at 31% below cumulative Home Report valuation

Multiple development options

Generous family accommodation

Potential new build development to rear

Popular commuter village

Area

Milnathort is a delightful village attractively located and offers a wide range of local facilities including shops, professional services, golf course and the local primary school is just along the road. The nearby town of Kinross boasts good local medical and veterinary services, restaurants, several hotels, a supermarket and two further golf courses with secondary schooling at Kinross High School & Community Campus is widely recognised as one of the best comprehensive schools in the country. The surrounding countryside provides ample opportunities for the outdoor enthusiast. Loch Leven is famous for its varied birdlife and excellent trout fishing and the beautiful countryside provides excellent walking, cycling and riding opportunities. The Championship Courses at Gleneagles are 9 miles north and the world famous golf resort of St. Andrews, (the 'Home of Golf'), is some 35 miles to the east. The M90 gives swift access to both Perth, Edinburgh and Glasgow. There is also a Park and Ride service at Kinross with regular express coach services to Edinburgh and Perth. Edinburgh International Airport is only 27 miles away and provides regular flights throughout the UK and to a range of international destinations.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Perth and Kinross Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

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