2 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2-bedroom flat sold with tenant in situ. * HOME REPORT VALUATION £70,000*
- * 38, St. Andrews Street, Dunfermline, Fife, KY11 4QW sold for £116,001 in April 2019, 34, Blake Street, Dunfermline, Fife, KY11 4PW sold for £115,000 in January 2022 *
- Property has a rental potential of £650 - £725 per calendar month. Great potential yield of 11.14% - 12.43% if achieved for Guide price of £70,000.
- Situated in a highly desirable buy to let location in Fife near all local amenities. Sure to appeal to investors looking for Capital and Rental Growth.
- Property is currently tenanted at a low rent of £400 pcm providing a current annual return of £4,800.
- Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2-bedroom flat sold with tenant in situ. * HOME REPORT VALUATION £70,000*
- * 38, St. Andrews Street, Dunfermline, Fife, KY11 4QW sold for £116,001 in April 2019, 34, Blake Street, Dunfermline, Fife, KY11 4PW sold for £115,000 in January 2022 *
- Property has a rental potential of £650 - £725 per calendar month. Great potential yield of 11.14% - 12.43% if achieved for Guide price of £70,000.
- Situated in a highly desirable buy to let location in Fife near all local amenities. Sure to appeal to investors looking for Capital and Rental Growth.
- Property is currently tenanted at a low rent of £400 pcm providing a current annual return of £4,800.
Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2-bedroom flat sold with tenant in situ. * POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY *
Property comprises: First Floor Property: Entrance Hall, living room, kitchen and completing the premises is 2 large bedrooms with a well-equipped bathroom.
Property is currently tenanted at £400pcm, providing an annual gross yield of 6.9%.
The tenant pays £400. The property is currently rented below market rent and has some fantastic potential for growth, with a rental potential of £650 - £725 per calendar month. Great potential yield if achieved for Guide price of £70,000.
* 38, St. Andrews Street, Dunfermline, Fife, KY11 4QW sold for £116,001 in April 2019, 34, Blake Street, Dunfermline, Fife, KY11 4PW sold for £115,000 in January 2022 *
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
The property is in Dunfermline which is Northbound of the vibrant and cultural city of Edinburgh. Not only does this mean travel into the centre will be quick and easy, which is desirable for young professionals, but it is also surrounded by hundreds of valuable amenities - most of which are in walking distance.
These include bars & restaurants, cafes, convenience stores, supermarkets, leisure facilities, Primary & Secondary Schools, the Alexandra Parade train station, several bus stops and Alexandra Park.
Places of interest
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Property reference 194282661. 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 Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on March 7, 2024
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 7, 2024
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: obtained on August 22, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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