2 bedroom flat for sale

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2 bedroom flat for sale

18 Gorrie Street, Dunfermline KY11
£55,000

Price History

Initial price £65,000
26/09/23 £55,000
Price Change -15.38%

Description

A Prime Property Auctions New Tenanted Investment Property is available for immediate purchase in a highly desirable buy-to-let location in Fife. The property is a large 2-bedroom flat with a tenant in situ, offering a potentially high-yielding investment opportunity. The property has a rental potential of £650-£725 per calendar month, providing a great potential yield of 11.14%-12.43% if achieved for the Guide price of £70,000. The property is currently tenanted at a low rent of £400 pcm, providing an annual return of £4,800. The property comprises an entrance hall, living room, kitchen, and two large bedrooms with a well-equipped bathroom. The property is offered at a fantastic price to ensure an auction sale and will feature in an upcoming timed online auction. The location is conveniently situated in Dunfermline, which is north of Edinburgh and surrounded by valuable amenities, including bars, restaurants, cafes, convenience stores, supermarkets, leisure facilities, Primary & Secondary Schools, and the Alexandra Parade train station.