3 bedroom flat for sale

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3 bedroom flat for sale

Shetland Place, Kirkcaldy KY1
£50,000

Our Summary

  • * GUIDE PRICE £50,000 *  Property offers great capital growth potential
  • * RARE AUCTION PROPERTY *  * 35, Rutherford Court, Kirkcaldy, Fife, KY1 2BP Sold for £92,000 in May 2024,  26, Westwood Avenue, Kirkcaldy, Fife, KY1 3HZ Sold for £82,000 in September 2024 *  Once renovated, property could achieve £850 per month (£10,200 per annum), giving a fantastic gross yield of 20
  • Property offers great capital growth potential
  • * RARE AUCTION PROPERTY * * 35, Rutherford Court, Kirkcaldy, Fife, KY1 2BP Sold for £92,000 in May 2024,  26, Westwood Avenue, Kirkcaldy, Fife, KY1 3HZ Sold for £82,000 in September 2024 * Once renovated, property could achieve £850 per month (£10,200 per annum), giving a fantastic gross yield of 20
  • 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 3-bedroom renovation property in Kirkcaldy, Fife, is a rare auction opportunity with great capital growth potential. The property, located in a prime location, offers a fantastic BRRR (buy, renovate, rent, and repeat) opportunity with solid local sales evidence indicating potential GDV value. With a guide price of £50,000, the property could achieve a gross yield of 20.4% if rented out for £850 per month. The property is situated near local amenities, schools, and transport links, making it attractive to prospective tenants. With the potential to achieve a high yield, this property is an excellent investment opportunity for those looking to buy, renovate, and rent out a property in a prime location.
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