Offers over

£59,999

(£130/sq. ft)

1 bed flat for sale
Smithfield, Kintore, Inverurie AB51

    • 1 bed

    • 1 bath

    • 1 reception

    • 463 sq. ft

  • EPC Rating: D

  • Freehold

Reduced on

FastMove

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About this property

    Description

    Independently valued by chartered surveyors (RICS) at £80,000

    Key Features
    - One-Bedroom First-Floor Flat
    - Tenant in Situ
    - £450 pcm Rental Income
    - £5,400 Annual Rental Income
    - Approximately 43m2
    - Living Room
    - Fitted Kitchen
    - Shower Room
    - Gas Central Heating
    - Double-Glazed UPVC Windows
    - Rear Garden and Communal Grounds
    - Timber Shed and External Stone-Built Store
    - Purpose-Built Block of Four Units
    - Mixed Residential and Commercial Area
    - Kintore Location with Local Amenities Nearby
    - EPC Rating C
    - Buyers Premium Applies

    An excellent opportunity for buy-to-let investors, this tenanted one-bedroom first-floor flat is situated at 11 Smithfield in Kintore, within easy reach of local amenities and transport connections.

    Currently occupied and generating £450 per calendar month, equivalent to £5,400 per annum, the property offers an established rental income from day one. The Home Report provides a market valuation of £80,000, making this an attractive proposition for investors seeking a straightforward addition to their portfolio.

    The accommodation extends to approximately 43m2 and comprises an entrance hallway, living room, one bedroom, fitted kitchen and shower room. The property forms part of a purpose-built first-floor block of four units and is of traditional solid stone construction with a pitched slate roof.

    Internally, the kitchen is fitted with a range of base and wall-mounted units with laminate worktops, while the shower room incorporates a WC, wash-hand basin and shower cubicle with electric shower. The flat benefits from mains gas central heating, with a gas-fired boiler supplying radiators and domestic hot water throughout.

    Further features include double-glazed UPVC windows, rear garden and communal ground areas, together with a timber shed and external stone-built store.

    The property is located within a mixed residential and commercial area of Kintore, with a range of everyday amenities available within the town.

    Overall, this represents an appealing opportunity to acquire an income-producing one-bedroom property with a tenant already in situ, combining an established rental income with potential for longer-term capital growth.

    Key investment details: Tenant in situ | £450 pcm rental income | £5,400 annual rental income | Home Report valuation £80,000 | One bedroom | First-floor flat | Approx. 43m2 | Gas central heating | Double glazing | Rear communal grounds | External store and shed.

    Buyer's Premium applies.
    Notes for purchaser


    Please note that these particulars have been prepared by us based on information provided by our client and RICS surveyor. If there is any aspect of these particulars that you wish to clarify, or that you believe may be misleading, please contact our office, where further information will be made available.

    Properties being sold by FastMove Property may be subject to a Buyer's Premium, calculated as a percentage of the purchase price. Where applicable, full details of the Buyer's Premium will be provided to prospective purchasers on application and prior to proceeding with the purchase.

    Certain properties being sold by FastMove Property may be subject to the provisions of Section 21 of the Estate Agents Act 1979 where FastMove Property, its owners, directors or an associated company has a personal or financial interest in the property. Where Section 21 applies, the nature and extent of the relevant interest will be disclosed to prospective purchasers prior to negotiations.

    FastMove Property is a fast-sale estate agency and operates in a similar manner to mmoa.
    * No tests have been made of services, equipment or fittings.
    * No warranty is given or implied as to the condition of the buildings, services, fixtures, fittings or other items.
    * All measurements, distances and areas are approximate.
    * Fixtures, fittings and other items are not included unless specifically stated within these particulars.
    Copyright


    This material is protected by copyright law. The owner of the copyright is FastMove Property. The property particulars form part of our database and are protected by copyright and database rights. No unauthorised copying, reproduction or distribution is permitted without the prior written permission of FastMove Property.

    Properties being sold by FastMove Property may be subject to a Buyer's Premium, calculated as a percentage of the purchase price. Where applicable, further details will be provided on application and prior to proceeding with the purchase.
    Cybercrime warning

    Please be aware that there is a significant risk of cyber fraud, particularly affecting email accounts and bank account details.

    Our bank account details will not change during the course of A transaction and we will not change our bank details via email.

    If you are in any doubt regarding bank account details, please verify them with us directly using a trusted contact method or in person before making any payment.

    FastMove Property will not accept responsibility for payments made to an incorrect bank account where the payment has not been independently verified with us.
    Money laundering regulations


    Intending purchasers will be required to provide identification documentation at the appropriate stage of the transaction. We ask for your full co-operation in providing the necessary identification promptly to avoid any delay in agreeing or progressing the sale.

    Tenure: Freehold

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    Property descriptions and related information displayed on this page are marketing materials provided by - FastMove. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact FastMove for full details and further information.