Barnton Place, Glenrothes, KY6

2 bedroom House in Glenrothes

Sold
Offers Over £90,000
Current Yield 6.1 %
Potential Yield 7.5 %
Property Reference: 189010940
  • House
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 71 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • Great Condition
  • Front and Rear Garden
  • Ideal Family Neighbourhood & Area
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This property is a 2 bedroom mid terrace house located within a family friendly neighbourhood just outside the Glenrothes Town Centre. It has a long term tenant currently situated, has been kept in great condition and is able to generate fantastic rental returns!

This well-kept home is neutrally decorated throughout and features 2 bedrooms, a three-piece bathroom, a spacious lounge, a kitchen and front & rear garden space.

Investment details

The property currently produces an annual gross income of £6,120 which could be increased by the new owner to a market rate of £7,500 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The property is located within a family friendly neighbourhood located away from the town centre that has several schools within close proximity. This is perfect for families looking to rent as the town centre can still be accessed within a few minute drive thanks to the main road links throughout the area.

Within the town centre you will find countless amenities that the tenants can take advantage of thanks to the Kingdom Shopping Centre - supermarket, convenience and retail stores, restaurants, bars, local service businesses and leisure facilities are all found here.

The A92 Main Road can also be easily accessed thanks to the main roads throughout the area which allows for direct travel to surrounding areas such as Kirkcaldy, Cupar and even all the way to Dundee.

Living Space/lounge

The lounge makes for a fantastic living area with lots of space for furniture and family gatherings.

Kitchen

The kitchen has modern fittings, is a good size and has been kept in great condition by the tenants.

Bathroom

A bathroom also has modern fittings and consists of a wash basin, W.C. and bath tub with an overhead shower attachment..

Bedrooms

The bedrooms are a good size with enough room for king sized beds, bedroom furniture and storage cabinets.

Exterior

External to the property you will find front and rear garden space.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: A
Property Reference: 189010940

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £510
  • Potential Rent pcm: £625
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 3 years +
  • Tenants means of funding: Employment
Property Reference: 189010940
Property Reference: 189010940

Property Location

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Request DetailsBarnton Place, Glenrothes, KY6

Offers Over £90,000

Make an offer
Barnton Place, Glenrothes, KY6

Listing Price

Offers Over £90,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.