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Description
Two Bedroom FIRST FLOOR FLAT with gardens in Lochgelly, Fife. REALISTIC RENTAL POTENTIAL of up to £550 pcm (£6,600 per annum). Freehold Residential Sale - Vacant Possession Property.
Approx. 55m². Large Rear Garden and free on street parking. Double Glazing and Gas Central Heating. 81, Small Street, Lochgelly KY5 9AY Sold for £95,000 July 2024; 57 Small St, sold for £63,000 2019.
REALISTIC RENTAL POTENTIAL of up to £550pcm (£6,600 per annum) SUPERB 13% YIELD potential at current guide price. EXCELLENT INVESTMENT PROPERTY.
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 £550 pcm (£6,600 per annum). Freehold Residential Sale - Vacant Possession Property. EPC RATING = C. ***RICS HOME REPORT VALUE = £73,000*** The property is a 1st floor flat in good condition; 2 bedrooms, 1 bathroom, 1 reception room, a loft which has not been converted & rear gardens. Approx. 55m². Large Rear Garden and free on street parking. Double Glazing and Gas Central Heating. 81, Small Street, Lochgelly KY5 9AY Sold for £95,000 July 2024; 57, Small Street, Lochgelly KY5 9AY sold for £63,000 2019 REALISTIC RENTAL POTENTIAL of up to £550pcm (£6,600 per annum) SUPERB 13% YIELD potential at current guide price. EXCELLENT INVESTMENT PROPERTY.
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: 77 Small Street, Lochgelly, Fife, KY5 9AY
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* 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: £49,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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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 £4,000 + 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.