Map & Location

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Description

• Status: Available
• Type: Flat

• Ownership: Freehold
• Occupation: Tenanted

• Bedrooms: 2
• Council Tax: Search

READY LET INVESTMENT 2 Bedroom flat in popular residential area. The rent is £95 per week payable in advance. (£4,940pa) PRT Tenancy agreement available in dowloads. Great Purchase with high yield.

Methil forms part of the Levenmouth area of East Central Fife and lies approximately 5 miles east from the town of Glenrothes and some 7 miles north-east from Kirkcaldy.

The property comprises a terraced building extending over ground and first floor level.

The buildings are of brick construction with a pebbledash render exterior and are surmounted by a single pitched roof.They provide a total of 1 flat with access at the rear.

The subjects are located on Patterson Street in the eastern side of the town of Methil, Fife. They are specifically located between the junctions of Patterson Street with Taylor Street .

Levenmouth comprises the communities of Leven, Buckhaven, Methil and Methilhill.

Full Address: 9 Patterson Street, Let Residential Investment, Methil, Fife, KY8 3AU

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £4,940 per year / £412 per month
Yield: 20% (approx)
Tenant: Private Individual
Notes: The rent is £95 per week payable in advance.

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £25,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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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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SPECIAL Terms of Sale

• 10% Deposit
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
• 4 Weeks Completion or Longer By Agreement
• Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

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

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