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Property Listing Details

Property details

  • 2 bedrooms

Features

  • ***great buy-to-let investment opportunity*** 2 Bedroom flat in the popular coastal town of Methil. This property represents excellent value and sure to attract interest from a number of investors.
  • Property consist:- external staircase leading to property entrance hallway, 2 double bedrooms, living room, bathroom and kitchen. Property further benefits from dg (new), GCH & UPVC front door.
  • ***superb yield*** Achievable rent in area around £450pcm giving annual income of around £5,400 and providing a ***massive yield of 12%*** if purchased for guide price.
  • Excellent comparable sales evidence:-- 78, Clyde Street, Methil, £65,000; 26, Forth Street, Methil, £53,000; 71, Clyde Street, Methil, £52,000.
  • 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.

Listing view statistics

Last 30 days: 574 page views

Since listed: 1208 page views

Description

** sale by auction - 03 July 2020 **
Deadline for Offers .

***great buy-to-let investment opportunity*** 2 Bedroom flat in the popular coastal town of Methil. This property represents excellent value and sure to attract interest from a number of investors. 2 Bedroom flat in the popular coastal town of Methil. This property represents excellent value and sure to attract interest from investors either looking to grow their portfolio or as a starter flat for someone looking to build a portfolio. Property consist:- external staircase leading to property entrance hallway, 2 double bedrooms, living room, bathroom and kitchen. Property further benefits from dg (new), GCH & UPVC front door. Property consist of large front garden with potential to convert to driveway (subject to investigating and gaining necessary consents), external staircase leading to property and then within there is an entrance hallway, bathroom, 2 large double bedrooms with built in storage and living room that leads to large kitchen with ample space for family dining area. ***superb yield** Achievable rent in area around £450pcm giving annual income of around £5,400 and providing a ***massive yield of 12%*** if purchased for guide price. Excellent comparable sales evidence:-- 78, Clyde Street, Methil, £65,000; 26, Forth Street, Methil, £53,000; 71, Clyde Street, Methil, £52,000.

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.

Auction Details
03 July 2020,5pm
Deadline for Offers,

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Map & Nearby

Local Amenities

  • Markinch 4.4 miles
  • Glenrothes with Thornton 4.8 miles
  • Denbeath Primary School 0.2 miles
  • Buckhaven Primary School 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Markinch 4.4 miles
  • Glenrothes with Thornton 4.8 miles
  • Denbeath Primary School 0.2 miles
  • Buckhaven Primary School 0.5 miles

Market stats

Sale activity

Average estimated value for a flat in KY8:

  • £75,854
  • Price decrease

  • -£9,275
  • (-10.895%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £86,525
  • Properties sold

    18

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in KY8 is currently:

£420 pcm

Recent sales nearby

See all recent sales in KY8
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Estimated running costs

Based on available 3rd party data

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Price history

Sold prices provided by Land Registry
27th Jun 2020 £45,000 Price increased by £11,250
22nd Jun 2020 £33,750 Price reduced by £11,250
30th May 2020 £45,000 Price increased by £11,250
25th May 2020 £33,750 First listed

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