2 bed flat for sale

Bank Street, Lochgelly, Fife KY5

An excellent opportunity for investors, developers and cash buyers to acquire this substantial two-bedroom top floor flat situated within the heart of Lochgelly.

Extending to approximately 92sqm, the accommodation comprises a generous lounge, separate kitchen, two bedrooms and bathroom. The property benefits from double glazing and gas central heating, although services are currently disconnected.

The flat requires a comprehensive programme of refurbishment and upgrading throughout and offers significant potential for those seeking a renovation project with scope to add value. The Home Report highlights works required to various elements of the property, making this an ideal purchase for experienced investors or builders looking for their next project.

Conveniently positioned within Lochgelly town centre, the property enjoys easy access to local shops, amenities, schools and transport connections, including road links throughout Fife and beyond.

Early interest is advised as opportunities of this nature are rarely available at such an attractive entry level.

Important Information: The property is being sold as seen and is expected to be of particular interest to cash purchasers. Interested parties should review the Home Report and seek independent professional advice before bidding.

Auction Date: 7th October
Home Report Valuation: £25,000
EPC Rating: D

We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.

It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.

Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.

All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.