Selkirk Avenue, Cowdenbeath KY4 1 bed flat for sale

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Selkirk Avenue, Cowdenbeath KY4 1 bed flat for sale

52 Selkirk Avenue, Cowdenbeath, KY4 8NT
£50,000

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

This is a prime tenanted investment opportunity in Cowdenbeath, a popular Buy to let location. The property is a large 1-bedroom flat that is currently rented out at £489.25 per month, generating £5,871 per annum. The tenant has been in situ since March 2021, and the property is professionally managed by a letting agent with all necessary certifications in place. The property is situated in a desirable street in Cowdenbeath, close to amenities, and has seen capital values increase over the last few years. The current market rent is £550-£575, making it an excellent long-term investment with fantastic rental and capital growth potential. The property is being sold with a Home Report valued at £70,000 and is open to immediate offers, with a guide price of £55,000. This is an immediate cash-flowing investment opportunity with a gross rental yield of 11% if achieved at the guide price.
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