1 bedroom flat for sale

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1 bedroom flat for sale

52 Selkirk Avenue, Cowdenbeath, KY4 8NT
£57,500

Price History

Initial price £60,000
17/02/24 £57,500
Price Change -4.17%

Description

This is a prime property auctions new entry, an excellent tenanted investment opportunity in a popular buy-to-let location. The property is a large 1-bedroom flat located in Cowdenbeath, with a current market rent of £550-£575 and a gross rental yield of 9%. The property is currently tenanted and generating £5,871 per annum, with a long-term settled tenant in place. The property has a home report value of £70,000 and has recently sold for £125,500 and £99,700 in nearby locations. The property is professionally managed by a letting agent and has all certs in place, offering an immediate cash flowing investment opportunity. The property is sure to appeal to investors looking for an affordable and high-yielding investment property, with the option to participate in the live auction.