Rattray Place, Cupar KY15 1 bed flat for sale

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Rattray Place, Cupar KY15 1 bed flat for sale

3 Rattray Place, Hill Street, Cupar, KY15 4AB
£105,000

Our Summary

  • 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 prime new listing is a vacant 1-bedroom mid-terrace flat located in a prime location in Cupar, Fife, Scotland. The property boasts a welcoming entrance vestibule, spacious hallway, comfortable lounge, cosy bedroom, well-equipped kitchen, convenient rear porch, and modern bathroom. With excellent transport links and access to local amenities, this flat is an ideal choice for a working professional or student looking for a budget-friendly entry into the property market. The property has the potential to generate a remarkable rental income of £8,400 to £9,000 per annum, offering a fantastic yield of 8% to 9% if bought at the guide price. Alternatively, it could be utilized as a serviced accommodation unit, potentially generating £25,550 annually with a 70% occupancy rate. The property is being offered at a fantastic discount to ensure a sale, with sales evidence in the area showing similar properties selling for £120,000 to £165,000.