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1 bedroom flat for sale
115 Wellesley Road, Methil, Leven, KY8 3AD
£32,000
115 Wellesley Road, Methil, Leven, KY8 3AD
£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 1-bedroom property in Leven, Fife, is a refurbishment opportunity that could attract a monthly rent of £500-£600, providing a gross yield of 18.7-22.5% based on a guide price of £32,000. The property requires light renovations and is located in a prime area with local amenities, coffee shops, bars, and restaurants nearby. The area has seen strong sales recently, with similar properties selling for £59,000 and £66,000. The property is being offered at a fantastic price to ensure an auction sale, and interested buyers can participate in the live auction by creating a bidding account. With its excellent yield potential and desirable location, this property is sure to appeal to shrewd investors looking for a high-yielding and easily lettable property.