1 Bedroom  Flat LOT 12

25b Bonnygate, Cupar, KY15 4BU
BIDDING OPENS in...

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

First floor ONE BEDROOM flat in a 19th-century town centre tenement. One bedroom. Decent condition. Monthly rental income currently £450. The property has been since September 2020.

The accommodation comprises of entrance hallway, living room, kitchen, bedroom and bathroom. Net internal area 38 Sq.M. Monthly rental income currently £450 - £5,400 per annum.

The property is a purpose built first floor flat in a three storey traditional building of three flats and commercial unit at ground level. The property is set within the protected conservation area.

The property is situated in an established commercial and residential town centre area of Cupar. The main walls are traditional sandstone construction. Mains water supply. Home Report = £50,000.

Communal areas include shared access to other flats via secure controlled entry. On street parking (restricted). Heating is provided by way of electric storage heaters. Freehold Sale.

25B BONNYGATE, CUPAR, KY15 4BU. First floor ONE BEDROOM flat in a 19th-century town centre tenement. One bedroom. Decent condition. Monthly rental income currently £450. The property has been since September 2020. Mid-floor flat. EPC Rating - Band D. Centrally Located Upper Flat. Sold as ongoing investment with tenant in situ. Well maintained rental location. IDEAL FOR INVESTOR. Smoke Alarm Noted. Secure Entry System. RICS Home Report valuation - £50,000 (Fifty Thousand Pounds Sterling). FANTASTIC BUY TO LET INVESTMENT with instant income and great capital growth potential. HIGH DEMAND RENTAL LOCATION - Cupar offers excellent day to day facilities including supermarkets, medical centres, primary schools and a secondary school, as well as a swimming pool, leisure centre, hospital and library. Nearby amenities include shops, schools, and access to transportation services. Rent passes to new owner and tenant carries on occupation under agreement. Sold as ongoing investment. Well maintained rental location. House prices in KY15 4BU have an overall average of £90,000 over the last year. The majority of properties sold in KY15 4BU during the last year were terraced properties, selling for an average price of £95,000. Flats sold for an average of £80,000. Sales - 7b, Bonnygate, Cupar, KY15 4BU sold for £80,000 (March 2026).

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £5,400 per year / £450 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Monthly rental income currently £450. The tenant has been there since September 2020. All payments up to date. Managed by letitng agent.

Maps & Location

Map   Street View   Satellite

Cupar remains a thriving and flourishing centre approximately 11 miles north-east of Glenrothes which is the main administrative and commercial centre for the whole area, while the historic university town of St Andrews lies some 9 miles due east. The cities of Perth and Dundee are within convenient travelling and commuting distance while the town also benefits from a mainline railway station, together with good road links providing access to the Central Scotland motorway network. Edinburgh can be reached in under an hour by car and train, whilst Dundee lies just a 20 minute drive to the north, making Cupar an ideal base for commuters. St Andrews, home of golf is situated only 10 miles to the east, whilst the pretty fishing villages of the East Neuk are also just a short drive from the town. Historically, Cupar was the county town of Fife and remains the administrative centre for the North east Fife District.

Document Downloads

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Pricing Information & Bidding

Opening Bid: £44,000

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Terms & Conditions 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)

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    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 for each property which may differ in deposit amount, completion and buyers fee.

    * 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.

General Terms & Conditions of Sale
Lot Specific Terms - 25bBonnygate, Cupar






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