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3 bed Flat For Sale £180,000
36-38, Queen Anne Street, Tenanted Investment, Dunfermline KY127Ay KY12


Description
** sale by auction - 10 November 2022 **
Deadline for Offers .

**prime town centre** Rare opportunity - tenanted investment and approved planning for 2 residential flats Fantastic investment superb yield £18000 per annum rental returns. Potential - Opportunity for Great Capital Growth Planning Approval 21/01189/full Proposal: Change of use from offices (Class 2) to form two flatted dwellings Full details can be found on Fife Council planning portal Application no: 21/01189/full Property currently consists lower commercial/retail unit and upper offices. Office areas have two separate entrances and have approval to convert into a 2 bedroom and one bedroom self contained flats. Roller shutters recently installed. 52 Canon Lynch Court, Dunfermline KY12 8AU - 2 bedroom flat recently sold for £105,995 in April 2022*** and 91, David Henderson Court, Dunfermline, Fife KY12 9DX - 1 bedroom flat recently sold for £102,750 in April 2022*** huge resale value once redeveloped. Substantial Interest to Investors & Developers. Rv of commercial property £26,300. Rental income from the commercial unit of £18000pa giving an excellent yield of approx 11% if achieved for guide price. Sales Evidence:-44 The Depot, Winterthur Lane, Dunfermline sold for £240,000 in May 2022; 26 The Depot, Winterthur Lane, Dunfermline sold for £223,000 in May 2022. Renovation required prior to resale.

Located 4 miles north of the shores of the Firth of Forth and the new Queensferry Crossing, Dunfermline is well connected to a network of roads (M90) and rail to Edinburgh (20 miles away) Stirling (28) and Perth (30). Dunfermline has a resident population of just over 50,000 and is the largest settlement in the Kingdom of Fife.

Auction Details
10 November 2022,3pm
Deadline for Offers, Deadline Sale - Closing Date for Bids on Lots

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