This property is no longer on the market
2 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- Portfolio of Six Flats in Town Centre - No ADS!
- 5 Tenanted, 1 Vacant
- Current Rental Income of £23,746.56 per annum - Yield of 12.2% at Guide Price
Online Property Auctions Scotland present this ideal investment/development opportunity. A portfolio including 5 tenanted flats and one vacant flat - a fantastic way to obtain a turnkey buy-to-let portfolio while avoiding ADS charges.
The portfolio includes:
269A - Tenanted two bedroom flat, current rental income of £455pcm.
269B - Tenanted two bedroom flat, current rental income of £368.88pcm.
271B - Tenanted two bedroom flat, current rental income £375pcm.
277D -
275C - Vacant one bedroom ground floor, semi-detached cottage. In need of full renovation.
275D - Tenanted one bedroom ground floor semi-detached cottage, current rental income of £400pcm.
Prime high street location
Requires some internal modernisation
Potential end-market rental value in the region of £
Ideal Buy-to-Let development opportunity
Nearby sales include:
29 Whyterose Terrace, Methil - Sold for £54,000 May 2021
34 South Grove, Methil - Sold for £65,000 Nov 2020
10 McDonald Street, Methil - Sold for £52,500 Apr 2021
The coastal Town of Methil in Fife situated near the mouth of the River Leven on the Firth of Forth. Located between Buckhaven and Leven. The Town has a wide range of shopping, schools and recreational facilities nearby. The B931 and then the A955 link the village to Kirkcaldy, which in turns links with the A92 to Dunfermline. The nearest rail facility can be found at Markinch (approximately 6 miles).
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Places of interest
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Property reference 229991. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 20, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on June 20, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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