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Property Listing Details

Property details

  • 1 bedroom

Features

  • ***Excellent Investment Opportunity*** Well Presented Ground Floor flat located in the popular picturesque town of Newburgh.
  • Property consists of welcoming communal stair way, entrance hallway, living room, large kitchen, bedroom and cellar
  • Recent sales evidence:- **6d High Street £70,000 131 High Street £89,000 17 Hill Road £85,000 9 Cornhill Street £68,000**
  • Potential achievable rent of £400pcm giving annual income of £4,800 providing yield of 11% if guide price achieved. EPC Rating C
  • The property is situated in the picturesque town of Newburgh, which sits on the banks of the River Tay. The area benefits from many local amenities including a medical practice and shops to cater for everyday requirements along with education and recreational facilities, including a sailing club, playparks and access to the Fife Coastal path

Listing view statistics

Last 30 days: 284 page views

Since listed: 1282 page views

Description

** sale by auction - 05 December 2019 **
Edinburgh Marriott .

***Excellent Investment Opportunity*** Well Presented Ground Floor flat located in the popular picturesque town of Newburgh. Property consists of welcoming communal stair way with artistic design on the stairs, entrance hallway, open plan living room and kitchen, bright double bedroom and cellar that is accessed externally and may offered further rental potential for any local businesses looking for storage. Plenty on street parking available. Property further benefits from modern electric Intelirad heating system. Recent sales evidence:- **6d High Street £70,000 131 High Street £89,000 17 Hill Road £85,000 9 Cornhill Street £68,000** Potential achievable rent of £550pcm giving annual income of £6,600 providing yield of 11% if guide price achieved. EPC Rating C

The property is situated in the picturesque town of Newburgh, which sits on the banks of the River Tay. The area benefits from many local amenities including a medical practice and shops to cater for everyday requirements along with education and recreational facilities, including a sailing club, playparks and access to the Fife Coastal path. An added attraction for the town is the Lindores Abbey Distillery which just opened in summer 2017, recreating an historic distillery dating back to the 1400's, it has a visitor centre and restaurant offering high teas and whisky tasting. Newburgh lies on the Fife regional border with Perth & Kinross and has excellent road links to the M90 motorway, Perth, Cupar, Dundee, St Andrews and Glenrothes.

Auction Details
05 December 2019,7.00pm
Edinburgh Marriott, 111 Glasgow Road, EH12 8NF

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Map & Nearby

Local Amenities

  • Ladybank 6.9 miles
  • Springfield 8.1 miles
  • Newburgh Primary School 0.2 miles
  • Dunbog Primary School 2.8 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Ladybank 6.9 miles
  • Springfield 8.1 miles
  • Newburgh Primary School 0.2 miles
  • Dunbog Primary School 2.8 miles

Market stats

Sale activity

Average estimated value for a flat in KY14:

  • £101,307
  • Price decrease

  • -£1,275
  • (-1.243%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £70,817
  • Properties sold

    11

Rental opportunities

Not known

Recent sales nearby

See all recent sales in KY14
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Price history

Sold prices provided by Land Registry
3rd Aug 2019 £42,500 First listed

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