Balfour Street, Kirkcaldy KY2 1 bed flat for sale

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Balfour Street, Kirkcaldy KY2 1 bed flat for sale

Balfour Street, Kirkcaldy, KY2
£48,000

Price History

Initial price £55,000
29/11/24 £53,000
14/12/24 £51,000
20/12/24 £55,000
03/01/25 £50,000
10/01/25 £48,000
17/01/25 £46,000
01/02/25 £50,000
28/02/25 £48,000
Price Change -12.73%

Description

This 1-bedroom flat in Kirkcaldy is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features one bedroom, living, kitchen, and bathroom areas. Currently, it generates an annual gross income of £4,200, but with a new owner, the potential for increased rental income to a market rate of £7,116 exists, thanks to the long-term tenants already in place. The tenants have been paying rent consistently for several years and have no plans to move out, making for a stable and secure investment. With a worthwhile addition to an investor's portfolio, this property presents a great chance for those looking to diversify their rental income.