18 Gorrie Street, Dunfermline, KY11 4BA
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2-bedroom flat sold with tenant in situ. *** HOME REPORT VALUATION £70,000***
- *** 38, St. Andrews Street, Dunfermline, Fife, KY11 4QW sold for £116,001 in April 2019, 34, Blake Street, Dunfermline, Fife, KY11 4PW sold for £115,000 in January 2022 ***
- Property has a rental potential of £650 - £725 per calendar month. Great potential yield of 11.14% - 12.43% if achieved for Guide price of £70,000.
- Situated in a highly desirable buy to let location in Fife near all local amenities. Sure to appeal to investors looking for Capital and Rental Growth.
- Property is currently tenanted at a low rent of £400 pcm providing a current annual return of £4,800.
Description
- Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2-bedroom flat sold with tenant in situ. *** HOME REPORT VALUATION £70,000***
- *** 38, St. Andrews Street, Dunfermline, Fife, KY11 4QW sold for £116,001 in April 2019, 34, Blake Street, Dunfermline, Fife, KY11 4PW sold for £115,000 in January 2022 ***
- Property has a rental potential of £650 - £725 per calendar month. Great potential yield of 11.14% - 12.43% if achieved for Guide price of £70,000.
- Situated in a highly desirable buy to let location in Fife near all local amenities. Sure to appeal to investors looking for Capital and Rental Growth.
- Property is currently tenanted at a low rent of £400 pcm providing a current annual return of £4,800.
Prime Property Auctions New Tenanted Investment Property, available for immediate purchase. Large 2-bedroom flat sold with tenant in situ. *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***
Property comprises: First Floor Property: Entrance Hall, living room, kitchen and completing the premises is 2 large bedrooms with a well-equipped bathroom.
Property is currently tenanted at £400pcm, providing an annual gross yield of 6.9%.
The tenant pays £400. The property is currently rented below market rent and has some fantastic potential for growth, with a rental potential of £650 - £725 per calendar month. Great potential yield if achieved for Guide price of £70,000.
*** 38, St. Andrews Street, Dunfermline, Fife, KY11 4QW sold for £116,001 in April 2019, 34, Blake Street, Dunfermline, Fife, KY11 4PW sold for £115,000 in January 2022 ***
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
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. For further details on how to have a bidding account created please contact the team.
Location:
The property is in Dunfermline which is Northbound of the vibrant and cultural city of Edinburgh. Not only does this mean travel into the centre will be quick and easy, which is desirable for young professionals, but it is also surrounded by hundreds of valuable amenities - most of which are in walking distance.
These include bars & restaurants, cafes, convenience stores, supermarkets, leisure facilities, Primary & Secondary Schools, the Alexandra Parade train station, several bus stops and Alexandra Park.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
18 Gorrie Street, Dunfermline, KY11 4BA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dunfermline Town Station0.5 miles
- Dunfermline Queen Margaret Station1.3 miles
- Rosyth Station1.5 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 194282661. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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