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*EXCELLENT INVESTMENT OPPORTUNITY* 6 Properties located in Fife that would provide super return for Buy to let landlords. Portfolio Valued at £298,000 - LARGE DISCOUNT FOR PORTFOLIO SALE.
- As Portfolio sale is over 6 properties there is no Additional dwelling supplement payable on the purchase price. Super Investment
- Projected rental annual rental of £35,580 - £36,900. This would provide a Gross rental return of 14% - 15% if achieved for Guide price.
- Portfolio comprises: 3 x 1 Bedroom Flats 2 x 2 Bedroom Flats 1 x 3 Bedroom flat
- The Portfolio is valued at £298,000by RICS surveyor. Large discount from open market value. Vendor will consider sensible offers. GREAT CAPITAL GROWTH POTENTIAL - OPEN TO EARLY OFFERS
Freehold- Outright ownership of the property and land on which it stands.
Vacant- Full vacant possession offered at time of completion.
Full Details:*EXCELLENT INVESTMENT OPPORTUNITY* 6 Properties located in Fife that would provide super return for Buy to let landlords. Portfolio Valued at £298,000 - LARGE DISCOUNT FOR PORTFOLIO SALE. Portfolio comprises: 3 x 1 Bedroom Flats 3 x 2 Bedroom Flats 1 x 3 Bedroom flat 37 Wheatley Street, Methil comprises: Entrance Hallway, Living room, Kitchen, family bathroom and 2 double bedrooms. EPC BAND D. 525 Wellesley Road, Methil: living room, bedroom, kitchen and bathroom/ Externally there is a garden ground to the rear. EPC BAND E 80 Whyte Rose Terrace, Methil :Porch , Entrance Hallway, Living room Kitchen, Family bathroom Bedroom, Boxroom. EPC BAND E 148 Whyte Rose Terrace: Hall, Living room, Kitchen, Bathroom, and 3 bedrooms. EPC BAND C 35 Whyte Rose Terrace, Methil: Entrance hall, living room, kitchen, two bedrooms and bathroom. 33 Whyte Roase Terrace: Entrance hall, living room, kitchen, one bedroom and bathroom. The Portfolio is valued at £263,000by RICS surveyor. Large discount from open market value. Vendor will consider sensible offers. GREAT CAPITAL GROWHT POTENTIAL - OPEN TO EARLY OFFERS Projected rental annual rental of £28,1400 - £31,800. This would provide a Gross rental return of 12.5% - 14% if achieved for Guide price.
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 at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.
Bid Now Explained...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.
Map & Location:
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.
Internal Open Viewings...
This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.
External Viewings Anytime...
You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.
10 September 2019
Glasgow Radisson Hotel
301 Argyle Street, G2 8DL
Registration...You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.
Legal Packs...All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.
Deposits...If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:
Deposit Method...Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.
How To Bid:
Offer Now...You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Bid Live in Person...Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.
Bid by Phone Live...If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Download the Telephone Bidders Form
Bid by Proxy... (Ebay Style Highest Bid)
This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...