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1 bedroom flat for sale
Selkirk Avenue, Cowdenbeath KY4
£55,000
Selkirk Avenue, Cowdenbeath KY4
£55,000
Our Summary
- Excellent Tenanted Investment Opportunity
- *HOME REPORT £70,000 ** 51 Chapel Street, Cowdenbeath, KY4 9JL sold for £125,500 July 2021, Raith Avenue, Cowdenbeath, KY4 8PB sold for £99,700 May 2022 *Turnkey Investment Opportunity
- Turnkey Investment Opportunity
- 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
Description
A prime investment opportunity in a popular buy-to-let location, this large 1-bedroom flat is currently tenanted and generating a gross rental yield of 9%. The property has a current market rent of £550-£575 and is expected to continue to provide strong rental and capital growth potential. The tenant has been in situ since March 2021, and the property is professionally managed by a letting agent with all certs in place. The property is offered at a fantastic price and is open to immediate offers, with the option to participate in the live auction. Located in Cowdenbeath, the town offers a good selection of shops, leisure facilities, and easy access to the M90 and A92 motorway network.