11 Newtown, Cupar, KY15
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- SECTOR
Residential development for sale
Key features
- Block of 6 individual flats
- Situated in established residential area
- Current rental income £17,280 per annum
- Initial gross yield of 7.51% with strong rental growth prospects
- Offers in the region of £230,000 are invited
Description
Cupar lies approximately 11 miles north-east of Glenrothes which is the main administrative and commercial centre for the whole area, while the historic university town of St Andrews lies some 9 miles due east. The cities of Perth and Dundee are within convenient travelling/commuting distance while the town also benefits from a mainline railway station, together with good road links providing access to the Central Scotland motorway network
The subjects are located on Newtown in what is considered an established residential area, a short distance to the north of the main commercial shopping thoroughfare and town centre.
The property comprises 6 individual flats contained with a 3 storey terraced building of traditional stone construction. The building is rendered externally and surmounted by a pitched and slated roof.
The access is via a centrally positioned entrance, the front elevation leading to a central close with a staircase providing access to first and second floors and a further internal stair leading to the attic flat.
The flats are a mix of studio style accommodation together with one and two bedroom flats.
Brochures
11 Newtown, Cupar, KY15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cupar Station0.3 miles
- Springfield Station2.3 miles
- Ladybank Station5.3 miles
Notes
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