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1 bedroom flat for sale
170 Cocklaw Street, Kelty, KY4 0DH
£39,000
170 Cocklaw Street, Kelty, KY4 0DH
£39,000
Price History
Initial price | £45,000 |
17/10/24 | £39,000 |
Price Change | -13.33% |
Description
This is a large 1-bedroom ground floor flat located in a popular buy-to-let location in Kelty, Fife. The property requires a full renovation before it can be habitable and offers an excellent BRRR (Buy, Refurbish, Rent, Repeat) opportunity. The flat has potential for conversion into a 2-bedroom property, subject to researching and gaining consents. Once refurbished, it could achieve a monthly rental income of £595-£675, generating a gross rental income of £7,140-£8,100 and a rental yield of 15.9%-18%. The property is located near local amenities, schools, and public transport, making it an attractive investment opportunity for those looking for a high-yielding property.