FOR SALE BY ONLINE AUCTION THURSDAY 27TH JUNE AT 9.00AM. Tenanted two bedroom flat in Rosyth - current rental income of £5,280 providing a healthy yield of 10.1% at Guide Price. Estimated end-market rental potential of £650pcm. Ideal turnkey buy-to-let investment with immediate income stream and potential to increase revenue.
Online Property Auctions Scotland present this tenanted two bedroom flat in Rosyth. The subjects are comprised of an entrance hall, living room, kitchen, two bedrooms and bathroom, and is approximately 67 m2 in size.
Huge discount on home report value of £70,000. This property is likely to attract a high level of interest from developers and investors alike.
• Potential end market rent in the region of £650pcm, providing a yield of 15.6% at current guide price.
• Residential area
• Outstanding turnkey investment opportunity
• Tenanted two bedroom property
• Huge discount on home report value
• Close to nearby amenities
Nearby sold prices:
16, Elder Place, Rosyth, Dunfermline, Fife KY11 2QU sold (July 2021) £80,000
96, Wemyss Street, Rosyth, Dunfermline, Fife KY11 2JY sold (Jan 2023) £90,000
4, Findlay Crescent, Rosyth, Dunfermline, Fife KY11 2RE sold (May 2022) £83,150
26, Wemyss Street, Rosyth, Dunfermline, Fife KY11 2JY sold (May 2022) £94,000
Rosyth is a popular town on the northern shore of the River Forth with a good selection of shops and services, which are easily accessible. There are four local Primary Schools and secondary schooling is available in nearby Dunfermline and Inverkeithing. An ideal commuter base with links to the motorway network. Easy access to the M90 and Ferry toll Park and Ride. A short drive takes you to the City of Dunfermline which provides a larger selection of shops, schools, bars, restaurants and public transport of bus and rail links making this area an ideal commuter base to Edinburgh, throughout Fife and east central Scotland.
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Turnkey Tenanted Two Bedroom Flat in Rosyth
Current Rental Income of £440pcm - Yield of 10.1% at Guide Price
Potential End-Market Rental Yield of £650pcm/15.6% at Guide Price
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Submit an enquiry and someone will be in contact shortly.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
