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1 bedroom flat for sale
Cocklaw Street, Kelty KY4
£39,000
Cocklaw Street, Kelty KY4
£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 prior to habitation, making it an excellent BRRR (Buy, Renovate, Rent, Refinance) opportunity. The flat has the potential to be converted into a 2-bedroom property, subject to researching and gaining consents. Once refurbished, it is expected to achieve a monthly rental income of £595-£675, generating a gross rental income of £7,140-£8,100. The property is located near local amenities, schools, and public transport, making it an attractive investment opportunity. With a guide price of £45,000, this property has the potential to generate a high rental yield of 15.9%-18% and is an excellent opportunity for investors looking for a refurbishment project with great potential for capital growth.