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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

Refurbished One bedroom MAIN DOOR GROUND FLOOR FLAT within popular residential area of Glenrothes. Freehold Residential Sale with tenant in place paying £400 per month. Built circa 1960’s.

The property is a purpose built ground floor flat in a five storey block. The accommodation comprises of - Entrance hallway, living room, kitchen, bedroom and bathroom. Net Area: 44 Sq.M.

The property is served by a mains 13amp electricity supply. The meter and consumer unit is in kitchen cupboard. The property is situated in a local authority residential area of Glenrothes.

Heating is provided by wall mounted convector/panel heaters. Surrounding residential properties are of a similar age and type. RICS Home Report value £22,000 (Twenty Two Thousand Pounds Sterling).

All certificates in place for rental. Smoke alarm noted. Carbon monoxide detector. Managed by Letting Agent. EPC Rating - Band F. Tenant in Place. Internal pictures taken January 2025. Double Glazing.

20 KEITH COURT, KEITH DRIVE, GLENROTHES, KY6 2HX. Ground Floor Flat. Council Tax - Band A. Refurbished One bedroom MAIN DOOR GROUND FLOOR FLAT within popular residential area of Glenrothes. Freehold Residential Sale with tenant in place paying £ pcm. Built circa 1960’s. Features electric heating and double glazing. Car parking available. The property is a purpose built ground floor main door flat in a five storey detached block. The accommodation comprises of - Entrance hallway, living room, kitchen, bedroom and bathroom. Net Area: 44 Sq.M. TENANCY DETAILS: House prices in Keith Drive have an overall average of £80,000 over the last year. Overall, the historical sold prices in Keith Drive over the last year were 9% down on the previous year and 6% up on the 2022 peak of £75,156. Super-size property over 2 levels. 2nd Floor; FEATURES: Lounge and Kitchen, 3 Bedrooms, Bathroom. LOCAL SALES EVIDENCE: 14, Keith Drive sold for £100,000. 9 Keith Drive sold for £94,000; 48, Cullen Dr, £110000, 71 Cullen Court sold for £38,500 (2023). 97, Keith Drive, Glenrothes, KY6 2HY sold for £97,000 (August 2024).

Glenrothes is one the most successful New Towns created in Scotland with many New technology business based there. Situated adjacent to the A92 Road Network for commuting to Dundee - Perth - Aberdeen - Edinburgh - Glasgow. Mainline Train Links provided at Markinch Train Station and Thornton. Variety of primary Schooling and Secondary Schooling facilities are provided. Local Shopping provided in the Kingdom Centre and various retail outlets. Amenities include 18 Hole Golf Course at Glenrothes Golf Course and Balbirnie Golf Club. Michael Woods Sports Centre provides up to date Sports and Leisure facilities for all tastes.

Full Address: 20 Keith Court, Glenrothes, KY6 2HX

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £4,800 per year / £400 per month
Yield: 96% (approx)
Tenant: Private Individual
Notes: £400 per month since 2021. Managed by landlord.

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Pricing Information & Bidding

Opening Bid: £5,000

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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NO PRE-AUCTION OFFERS

You must bid at the live auction for this lot. You may not submit an offer now on this property as the seller has instructed us to offer this lot at the auction room. View our guide on how to bid at the online auction for further instructions.

SPECIAL Terms of Sale

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

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

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Auction Details

Date & Time: 06 February 2025, 10am-3pm
Type: Timed Online Auction

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