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Description

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

Two Bedroom FIRST FLOOR FLAT with gardens in Lochgelly, Fife. REALISTIC RENTAL POTENTIAL of up to £550pcm (£6,600 per annum). Freehold Residential Sale - Vacant Possession Property.

RICS Home Report = £55,000. The property is a 1st floor flat in fair condition with 2 bedrooms, 1 bathroom, 1 reception room, a loft which has not been converted and rear gardens.

The flat has its own access. The property is situated in a mainly residential area of average demand with an average level of local amenities. Property requires some internal upgrading.

The property requires renovation and repair, including refurbishment of the fabric, fittings and services. The town of Lochgelly is situated approximately 8 miles to the East of Dunfermline.

Central Fife town approximately 3 miles North of the A92 road network for commuting throughout the Fife Circle Railway Halt, Mainline Bus Route, Primary Schooling and Local Shopping.

Two Bedroom FIRST FLOOR FLAT with gardens in Lochgelly, Fife. REALISTIC RENTAL POTENTIAL of up to £550pcm (£6,600 per annum). Freehold Residential Sale - Vacant Possession Property. RICS Home Report = £55,000. The property is a 1st floor flat in fair condition with 2 bedrooms, 1 bathroom, 1 reception room, a loft which has not been converted and rear gardens. Further Benefits include - Gas Central Heating, Double Glazing, Ample Storage Space and on Street Parking. Gardens. Lochgelly, a town of approximately 7,000 residents, is located within west Fife and lies adjacent to the A92 central Fife link road, the region’s principal arterial route linking Dundee to the north with Dunfermline to the southwest, providing access to the M90 motorway, Forth Bridges and thereafter the wider Scottish motorway network. The property requires renovation and repair, including refurbishment of the fabric, fittings and services. The town of Lochgelly is situated approximately 8 miles to the East of Dunfermline.

The property is ideally located close to Lochgelly town centre where there are good local amenities, including shops and schools. There is easy access to the A92 for commuting and Lochgelly benefits from its own train station. There are also good recreational facilities including the Lochgelly Centre, the local golf course plus recreational and social facilities at nearby Lochore Meadows Country Park. There is quick and easy access from this property to the A92 which provides direct access onto the M90 motorway network, leading on to Edinburgh in the south and Perth and Dundee to the north. In addition, the varied attractions to be found at Fife Leisure Park at Junction 3 of the M90 are only a short drive away and in the opposite direction there is Fife Central Retail Park at the Kirkcaldy West junction.

Full Address: 16 Mid Street, First Floor Flat and Gardens, Lochgelly, Fife, KY5 9JY

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Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Pricing Information & Bidding

Opening Bid: £50,000

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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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • 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 an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 23 April 2026, 10am-3pm
Type: Timed Online Auction

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