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Wellesley Road, Methil, Leven KY8 1 bed flat for sale
Wellesley Road, Methil, Leven KY8
£32,000
Wellesley Road, Methil, Leven KY8
£32,000
Our Summary
- Prime Property Auctions is excited to bring to market this Residential Refurbishment Opportunity, this VACANT 1 bed property, located within a prime location in Leven
- Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location Property is located near a whole host of local amenities including many popular coffee shops, bars, and restaurants, with local schools nearby
- Sales Evidence: * 63, Wellesley Road, Methil, Leven, Fife KY8 3AD sold for £66,000, 95, Wellesley Road, Methil, Leven, Fife KY8 3AD sold for £59,000* *Property needs light renovations and is priced under ADS to ensure a quick sale
- Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location
- 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 vacant one-bedroom property in Leven, Fife, is a refurbishment opportunity that offers a high gross yield of 18.7-22.5% based on a guide price of £32,000. The property requires light renovations and is located near local amenities, including coffee shops, bars, and restaurants, as well as schools. The area has seen strong demand recently, with similar properties selling for £59,000 and £66,000. The property could attract a monthly rent of £500-£600, making it an attractive investment opportunity for shrewd investors. With its prime location and potential for high rental income, this property is sure to appeal to those looking for a high-yielding and easily lettable property in a sought-after area.