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Price History
Our Summary
- For sale by Online Auction
- Town & Country Property Auctions present this Glenrothes investment opportunity 2-bed first floor flat with £23
- Description Alexander Rise, 62 Alexander Road, Glenrothes, Fife, KY7 4HY 2 Bedroom First Floor Flat Strong SA Potential Excellent Investment Opportunity Town & Country Property Auctions are delighted to present Alexander Rise, 62 Alexander Road, a well-positioned two-bedroom first floor flat located within the popular Fife town of Glenrothes
- SA Numbers (Serviced Accommodation Potential) Projected Revenue: £23,800 per annum Occupancy: 61% Average Daily Rate (ADR): £107 Rental Demand Estimated long-term rental income of £650 per calendar month 2 bedroom first floor flat Strong serviced accommodation figures Excellent investment opportunity Ideal for buy-to-let or SA use Strong rental demand Low-maintenance accommodation Popular residential location Excellent commuter access Situated within Glenrothes, the property benefits from excellent access to local amenities, supermarkets, retail parks, schools, and transport links throughout Fife and beyond
- Ideal For Buy-to-let investors Serviced accommodation operators Portfolio landlords First-time investors Investors seeking strong yield potential A fantastic opportunity to acquire a well-located two-bedroom first floor flat with impressive SA performance figures, solid rental demand, and excellent investment potential within a popular Fife location
- Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
- Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
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Description
The property is a ground-floor 2-bedroom flat situated in a detached three-storey block of nine flats in the established residential area of Glenrothes. The flat has double glazing, gas central heating, and is fully compliant for the rental market. It is being sold with a long-term tenant in situ who has been resident since March 2022, generating £5,400 in annual rental income, with the potential to increase to £6,300 in 2026.
The flat benefits from its location in a town with a strong rental market, affordable property prices, excellent transport links, and a growing local economy.