OPENING BID

Timed Online Auction

02 December 2021, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 60 Mill Street, Kirkcaldy, KY1 1SD

*** IMMEDIATE INCOME PRODUCING INVESTMENT OPPORTUNITY *** Well presented Top floor 2 bedroom flat located in a popular Buy to let location of Mill Street, Kirkcaldy. Tenanted at £460 per month.

*** 32, Mill Street, Kirkcaldy, Fife KY1 1SD sold for £116,000 November 2020, 30, Mill Street, Kirkcaldy, Ffe KY1 1SD sold for £117,000 August 2019 ***

**TERRIFIC TURN KEY INVESTMENT OPPORTUNITY** Long term tenanted 2 Bedroom flat set in the heart of Kirkcaldy. Tenants are paying £5,520 per annum. *** EARLY OFFERS CONSIDERED *** EPC = C

Property Benefits from Gas ventral heating, Double Glazing, ample storage throughout and parking. Rental potential of £525 - £550 pcm, should this be achieved it would generate a great yield.

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.

*** IMMEDIATE INCOME PRODUCING INVESTMENT OPPORTUNITY *** Well presented Top floor 2 bedroom flat located in a popular Buy to let location of Mill Street, Kirkcaldy. Tenanted at £460 per month. Property comprises: Entrance Hallway, Kitchen, Living room, bathroom, 2 double bedroom one complete with en-suite. Property Benefits from Gas ventral heating, Double Glazing, ample storage throughout and parking. **TERRIFIC TURN KEY INVESTMENT OPPORTUNITY** Long term tenanted 2 Bedroom flat set in the heart of Kirkcaldy. Tenants are paying £5,520 per annum. Rental potential of £525 - £550 pcm, should this be achieved it would generate a great yield. *** EARLY OFFERS CONSIDERED *** Sure to appeal to Buy to Let investors looking for easy rentalable property in sought after street. *** 32, Mill Street, Kirkcaldy, Fife KY1 1SD sold for £116,000 November 2020, 30, Mill Street, Kirkcaldy, Ffe KY1 1SD sold for £117,000 August 2019 ***

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. This end of the High Street offers parking close to the premises

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £5,520 per year / £460 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes:

Document Downloads

HOME REPORT AVAILABLE - Download Now LEGAL PACK AVAILABLE - Download Now

Location

Pricing Information & Bidding

Opening Bid: £59,000

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 = 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: 02 December 2021, 10am-3pm
Type: Timed Online Auction

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