3 Bedroom  Flat LOT 157

166b Mid Street, Keith, AB55 5BL
GUIDE PRICE

Deadline for Offers

25 June 2021, 4pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 3
  • Council Tax Search SAA

Description

Full Address: 166b Mid Street, Keith, AB55 5BL

***IDEAL BUY TO LET INVESTMENT OPPORTUNITY*** 3 Bedroom flat in the popular commuter town of Keith. Suit Shrewd Investor. PRICED FOR AUCTION SALE BY MOTIVATED SELLER. HOME REPORT VALUE £84,000

ACCOMMODATION COMPRISES: Hallway, Lounge, Study, Dining Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom. Also benefits from Gas Central Heating, Double Glazing & Shared rear Courtyard. EPC - D

COMPARATIVE SALES EVIDENCE: 178a, Mid Street, Keith sold for £162,500 in 2017 160-162, Mid Street, Keith, sold for £110,000 in 2017 164a, Mid Street, Keith, sold for £80,000 in 2018

FANTASTIC RENTAL YIELD possible, High demand rental area. Achievable rental of up to £760pcm giving £9,120pa this would give a possible 13% YIELD if property purchase achieved at the Guide Price.

Keith the “Friendly Town” is a busy town situated some 50 miles equidistant from Aberdeen and Inverness with both having airports. The town is serviced by bus and rail.

***IDEAL BUY TO LET INVESTMENT OPPORTUNITY*** 3 Bedroom flat in the popular commuter town of Keith. Suit Shrewd Investor. PRICED FOR AUCTION SALE BY MOTIVATED SELLER. HOME REPORT VALUE £84,500 166b Mid Street benefits from 3 bedrooms, a bright and airy lounge, a large dining kitchen, bathroom and a study. Access to the apartment is via a shared entrance whish is accessed from Mid Street. ACCOMMODATION COMPRISES: Hallway, Lounge, Study, Dining Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom. Also benefits from Gas Central Heating, Double Glazing & Shared rear Courtyard. EPC - D COMMUNAL HALL Shared entrance; stairway leading up to the apartment; glazed apartment door. HALWAY Good sized hallway providing access to all accommodation; light coloured walls; hatch to attic housing Gas boiler. LOUNGE 14’ x 14’ (4.27m x 4.27m) Bright and airy lounge with large front facing windows; TV and Telephone point; carpeted flooring; ceiling light fitment; radiator. DINING KITCHEN 15’ 5’’ x 12’ (4.70m x 3.66m) Fully fitted dining kitchen with solid wood wall and base units; complementary worktops and light coloured tiled splash back; ample storage; stainless steel sink with mixer tab; gas hob; electric oven; extractor fan; integral fridge and freezer; space for washing machine; large front facing windows providing lots of natural light; TV point; laminate flooring; ceiling light fitment. BEDROOM 1 12’ 9’’ x 12’ 1’’ (3.89m x 3.68m) Double bedroom; rear facing window; fire place surround; laminate flooring; ceiling light fitment; radiator. BEDROOM 2 13’ 7’’ x 12’ 9’’ (4.14m x 3.89m) Spacious double bedroom; large front facing windows; carpeted flooring; ceiling light fitment; radiator. BEDROOM 3 13’ 1’’ x 6’ (3.99m x 1.83m) Single bedroom with built in double wardrobe; Velux skylight; carpeted flooring; ceiling light fitment; radiator. BATHROOM 3-piece suite comprising mixer tap shower over bath; toilet and wash hand basin in white; frosted window to rear; tiled flooring and walls around shower; wood panelling to dado height; heated towel rail; ceiling light fitment. STUDY 8’ 9’’ x 4’ 1’’ (2.67m x 1.24m) Skylight; carpeted flooring; shelves. OUTSIDE Shared courtyard leading to a drying area with rotary clothes dryer and gate giving access to the public car park COMPARATIVE SALES EVIDENCE: 178a, Mid Street, Keith sold for £162,500 in 2017 160-162, Mid Street, Keith, sold for £110,000 in 2017 164a, Mid Street, Keith, sold for £80,000 in 2018 FANTASTIC RENTAL YIELD possible, High demand rental area. Achievable rental of up to £760pcm giving £9,120pa this would give a possible 13% YIELD if property purchase achieved at the Guide Price.

Keith the “Friendly Town” is a busy town situated some 50 miles equidistant from Aberdeen and Inverness with both having airports. The town is serviced by bus and rail. There is a full range of commercial, recreational, leisure and educational facilities in the town as well as a health centre and hospital. This spacious second floor apartment is situated in the centre of town and is within walking distance from Tesco supermarket, cafι’s, restaurants and other local amenities.

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Location

Pricing Information & Bidding

Guide Price: £67,500


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 25 June 2021, 4pm
Type: Deadline for Offers

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