3 Bedroom  House LOT 57

17 Queens Avenue, Leven, KY8 2DD
BIDDING OPENS in...

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Description

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

TENANTED INVESTMENT OPPORTUNTY*** 3 bedroom Semi-detached villa located in residential area of Methil, Leven. IMMEDIATE RETURN ON INVESTMENT***

Comprises; Hallway, Living Room, Kitchen, 3 Bedrooms and Bathroom. Gardens to the rear and front with parking available for 2 cars.

Currently LET at £610pcm (£7,320 PER ANNUM) low rent for this area. Similar properties LET for £950pcm (£11,400 Per Annum). ***SUPER BUY-TO-LET INVESTMENT PROPERTY

Local Sales Evidence; 22, Queens Avenue, Methilhill, Leven, Fife KY8 2DD (3 bed) SOLD for £137,500 in December 2021***

The property is within easy reach of shopping, schooling and recreational facilities nearby. The coastal town of Methil is situated on the south Fife coast only 18 miles from St Andrews.

TENANTED INVESTMENT OPPORTUNTY*** 3 bedroom Semi-detached villa located in residential area of Methil, Leven. IMMEDIATE RETURN ON INVESTMENT*** The property is located approximately 18 miles from St Andrews in area in with MASSIVE DEMAND FOR SHORT-ACCOMODATION generated by access to some of the world's most famous golfing locations. Methil is well positioned to access the main commercial towns Glenrothes - 15 minutes, Kirkcaldy (17 minutes) and Cupar only 25 minutes. Sought after St Andrews is approximately 18 miles distant. The property is well placed for access to Leven town centre where there is a wide variety of shopping and services

Methil is well positioned to access the main commercial towns Glenrothes - 15 minutes, Kirkcaldy (17 minutes) and Cupar only 25 minutes. Sought after St Andrews is approximately 18 miles distant. The property is well placed for access to Leven town centre where there is a wide variety of shopping and services. Leven has excellent leisure facilities including two 18 hole golf courses a beach with promenade and a modern swimming pool with leisure centre. Easy commuting to Edinburgh/ Glasgow via excellent motorway links. Popular short-term rental AirBNB location with access to some of the worlds most famous golfing locations. Leven has good shopping facilities and a busy pedestrianised thoroughfare. These are well served by parking facilities which are within easy walking distance of the town centre. It’s a popular holiday destination with a pleasant promenade and beach. Local attractions include an excellent swimming pool and leisure complex and a variety of golf courses. The woodland valley of Letham Glen and Silverburn Park offer attractive landscaped picnic and recreational areas, perfect for relaxing and enjoying the great outdoors.

Full Address: 17 Queens Avenue, Leven, KY8 2DD

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £7,320 per year / £610 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes: £610pcm

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £94,000

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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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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