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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 4
  • Council Tax: Search

100% PRIME INCOME PRODUCING INVESTMENT. Large 4 bedroom property located in the affluent, historic and picturesque costal town of Anstruther approximately 9 miles from St Andrews.

Property will be sold with sitting tenants in place. Tenants pay £500pcm (£6,000 per annum). Low rent for the area with REASLISTIC POTENTIAL RENTAL OF OVER £800pcm (£9,600 per annum) in this location.

HIGH DEMAND for short-term accommodation given high tourism levels- particularly in summer months- and close proximity to major golf courses including championship courses St Andrews and Kingsbarns.

Potential AirBNB income of over £200per night in peak season- subject to standard of finish- with the influx of golfers and tourists to the East Neuk of Fife. MASSIVE DEMAND FOR ACCOMODATION.

Property is located approximately 400 yards from the town's famous waterfront with access to the Beach and Harbour as well as a number of excellent bars, restaurants and shops.

100% PRIME INCOME PRODUCING INVESTMENT. Large 4 bedroom property located in the affluent, historic and picturesque costal town of Anstruther approximately 9 miles from St Andrews. Property will be sold with sitting tenants in place. Tenants pay £500pcm (£6,000 per annum). Low rent for the area with REASLISTIC POTENTIAL RENTAL OF OVER £800pcm (£9,600 per annum) in this location. HIGH DEMAND for short-term accommodation given high tourism levels- particularly in summer months- and close proximity to major golf courses including championship courses St Andrews and Kingsbarns. Potential AirBNB income of over £200per night in peak season- subject to standard of finish- with the influx of golfers and tourists to the East Neuk of Fife. MASSIVE DEMAND FOR ACCOMODATION. Property is located approximately 400 yards from the town's famous waterfront with access to the Beach and Harbour as well as a number of excellent bars, restaurants and shops.

Anstruther is situated on the Firth of Forth in the heart of the renowned East Neuk of Fife. The town is the largest of the area and is 9 miles south of St Andrews and 22 miles north east of Kirkcaldy with the A917 connecting to both. The nearest rail facility can be found at either Cupar (16 miles) or at Kirkcaldy. Bus services connect the town to nearby cities, towns and the surrounding East Neuk area with St Andrews, Cupar, Dundee, Edinburgh, Kirkcaldy and Glenrothes all within commuting distance. The thriving small town has a number of local amenities including primary and secondary schools, a variety of shops and a supermarket. It is well known for its harbour, historic buildings, award winning restaurants, coastal walks, and is steeped in history as home to the Scottish Fisheries Museum.

Full Address: 13 Mayview Road, Anstruther, Neuk of Fife, KY10 3HT

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: £6,000 per year / £500 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £94,000

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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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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