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
Price Change -12.73%

Description

This 1-bedroom flat in Kirkcaldy offers a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £4,200, but with a new owner, this could increase to a market rate of £7,116 with long-term tenants already in place. The well-kept home features one bedroom, living room, kitchen, and bathroom, and is situated close to valuable amenities. The current tenants have a good track record of paying rent on time and have no intention of moving out, making for a smooth transition. With a worthwhile addition to an investor's portfolio, this property presents a fantastic opportunity for those looking to generate rewarding rental returns.