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Guide Price
£72,000


SUBMIT OFFERS BY

09 May 2024, 3pm

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

PRIME TENANTED INVESTMENT PROPERTY ***RICS HOME REPORT VALUE £77,000*** provides an excellent yield of 15% at current guide price. Long term tenant. EXCELLENT investment property suit shrewd investor

SALES EVIDENCE:- 9 Dundonald Crescent, £110,000 Aug 2017, Dundonald Crescent, 2 bed, £89,500 Aug 2023; 22, Dundonald Crescent, 2 bed, £81,000 Jan 2023; 18, Dundonald Crescent, 2 bed, £75,000 Oct 2022

Large ground floor property comprises Hallway, Lounge, Kitchen, Bathroom and 2 Double Bedrooms. Enhanced by Gas Central Heating, impressive room sizes, super location and front and rear gardens.

SUPERB TENANTED INVESTMENT providing £600pcm (£7,2000 per annum) MASSIVE 15% YIELD potential at current guide price. EXCELLENT INVESTMENT PROPERTY SUIT SHREWD INVESTOR.

Cardenden is an affluent commuter village in Fife ideally located for Kirkcaldy and Dunfermline. The Forth Road and Rail bridges approximately 12 miles away with access to Edinburgh in under 30 mins.

PRIME TENANTED INVESTMENT PROPERTY ***RICS HOME REPORT VALUE £77,000*** provides an excellent yield of 15% at current guide price. Long term tenant. EXCELLENT investment property suit shrewd investor. SALES EVIDENCE:- 9 Dundonald Crescent, £110,000 Aug 2017, Dundonald Crescent, 2 bed, £89,500 Aug 2023; 22, Dundonald Crescent, 2 bed, £81,000 Jan 2023; 18, Dundonald Crescent, 2 bed, £75,000 Oct 2022. Large ground floor property comprises Hallway, Lounge, Kitchen, Bathroom and 2 Double Bedrooms. Enhanced by Gas Central Heating, impressive room sizes, super location and front and rear gardens. SUPERB TENANTED INVESTMENT providing £600pcm (£7,200 per annum) MASSIVE 15% YIELD potential at current guide price. EXCELLENT INVESTMENT PROPERTY SUIT SHREWD INVESTOR.

Close to the larger town of Lochgelly is situated approximately 8 miles to the East of Dunfermline and benefits from a good range of local amenities and recreational facilities including Golf Course and Lochore Meadows. There are good transport links making this an ideal location for commuters with the A92 and M90 a short distance away making this area an ideal commuter base to Edinburgh and most parts of central Scotland either by rail or road. Primary and secondary schooling are also available.

Full Address: 3 Dundonald Crescent, Tenanted Investment, Cardenden, Fife, KY5 0DH

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Rolling
Rent: £7,200 per year / £600 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: £600 pcm, £7200 pa, long term tenant in place.

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £72,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 09 May 2024, 3pm
Type: Deadline for Offers

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