Elmwood College Farm, Cupar KY15 4 bed detached house for sale

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Elmwood College Farm, Cupar KY15 4 bed detached house for sale

Elmwood College Farm, Cupar KY15
£490,000

Price History

Initial price £555,000
04/09/24 £550,000
12/09/24 £545,000
20/09/24 £540,000
30/09/24 £510,000
07/10/24 £505,000
10/10/24 £500,000
17/10/24 £495,000
26/10/24 £490,000
30/10/24 £485,000
06/11/24 £480,000
13/11/24 £475,000
20/11/24 £470,000
26/11/24 £465,000
04/12/24 £460,000
11/12/24 £455,000
19/12/24 £450,000
01/01/25 £500,000
08/01/25 £495,000
15/01/25 £490,000
Price Change -11.71%

Description

This 4-bedroom detached house in Cupar offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and ensuite, and is currently generating an annual gross income of £30,000 from a long-term tenant. With a market rate of £38,400, the new owner has the potential to increase the rental income. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. The property is in close proximity to valuable amenities and offers a smooth transaction process, making it a worthwhile addition to any investor's portfolio.