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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

Large maisonette flat in the heart of Kirkcaldy. Popular rental location close to amenities - Providing an income of £300pcm £3600pa - HUGE YIELD potential if increased to market rate.

Local Sales Evidence; Local Sales Evidence; 303E High Street, Kirkcaldy, sold £87,000, Sept 2023. 269 High Street, sold £85,000, June 2023. 411 High Street, sold £120,000, April 2023.

EXCELLENT RENTAL YIELD if rent raised to the market rate; within extremely popular and high demand rental location in town centre. REALISTIC RENTAL potential of up to £1200pcm (£14,400 Per Annum).

Second & third floor maisonette flat comprises; entrance hallway, living room, kitchen three bedrooms and bathroom. property requires refurbishment. EXCELLENT INVESTMENT OPPORTUNITY.

Excellent commuter links and extremely popular location for travel to Edinburgh with access via the Forth Road and Rail bridges. Extremely popular commercial location with multiple national retailers.

Large maisonette flat in the heart of Kirkcaldy. Popular rental location close to amenities - Providing an income of £300pcm £3600pa - HUGE YIELD potential if increased to market rate. EXCELLENT RENTAL YIELD at guide price if rent raised to the market rate, within extremely popular and high demand rental location in town centre. REALISTIC RENTAL potential of up to £1200pcm (£14,400 Per Annum). Local Sales Evidence; Local Sales Evidence; 303E High Street, Kirkcaldy, sold £87,000, Sept 2023. 269 High Street, sold £85,000, June 2023. 411 High Street, sold £120,000, April 2023. Second & third floor maisonette flat comprises; entrance hallway, living room, kitchen three bedrooms and bathroom. property requires refurbishment. EXCELLENT INVESTMENT OPPORTUNITY.

Kirkcaldy, is one of Fife’s principal towns and provides a wide range of retail, cultural and leisure services as well as primary, secondary and further education at the Adam Smith College. A thriving Fife town to the north of Dunfermline and the Forth Bridges, one of the great attractions of Kirkcaldy is its excellent commuter network with rail station and good arterial connections: Edinburgh (25miles), Glasgow (46), Dundee (29), Perth (35) and Edinburgh Airport (18) are all within easy access via road and rail.

Full Address: 411b High Street, Kirkcaldy, Fife, KY1 2SG

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Tenancy Details

Type of Agreement: Informal Arrangement
Length: Rollng
Rent: £3,600 per year / £300 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £49,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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