3 bed Flat For Sale £50,000
Three bedroom flat
New to auction is this spacious three bedroom ex Local Authority flat, enjoying preferred first floor position in Gardiner Street, approximately ½ mile from Lochgelly town centre. The accommodation comprises bright lounge, kitchen, three bedrooms and bathroom. Some degree of refurbishment is required which offers and excellent opportunity to add value through works. The competitive Guide Price offers an attractive 29% discount against Home Report, and rental investors could enjoy outstanding rental returns, with three bed LHA figures showing £6881 per annum. The currently strong rental market would suggest that even greater returns may be available. We expect good levels of demand from both investors and owner/occupiers, and early viewing is strongly recommended. Council Tax Band: A.
Lochgelly is located close to the A92, approx. 12 miles from the Forth Road Bridge, for swift access to commuter routes into Edinburgh, and around 8 miles from Dunfermline, for larger retail and supermarket shopping. The railway station to the north of the town also connects to Edinburgh, with a journey time of just over 50 minutes into Edinburgh Waverley. Lochgelly lies just south of the Lomond Hills Regional Park, which covers a vast area with many access points, and has a large network of paths. There is open parkland within walking distance, and two golf courses nearby, the club within Lochgelly itself, and the course nearby at Cowdenbeath, with many others throughout Fife. Lochgelly has two schools, the South Primary, and secondary schooling at the High School.
PURCHASER NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Auction House Scotland are registered with HMRC and carry out due diligence on all of our clients, please ask for more information on identification required prior to entering into a contract.
Cybercrime Warning
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
New to auction is this spacious three bedroom ex Local Authority flat, enjoying preferred first floor position in Gardiner Street, approximately ½ mile from Lochgelly town centre. The accommodation comprises bright lounge, kitchen, three bedrooms and bathroom. Some degree of refurbishment is required which offers and excellent opportunity to add value through works. The competitive Guide Price offers an attractive 29% discount against Home Report, and rental investors could enjoy outstanding rental returns, with three bed LHA figures showing £6881 per annum. The currently strong rental market would suggest that even greater returns may be available. We expect good levels of demand from both investors and owner/occupiers, and early viewing is strongly recommended. Council Tax Band: A.
Lochgelly is located close to the A92, approx. 12 miles from the Forth Road Bridge, for swift access to commuter routes into Edinburgh, and around 8 miles from Dunfermline, for larger retail and supermarket shopping. The railway station to the north of the town also connects to Edinburgh, with a journey time of just over 50 minutes into Edinburgh Waverley. Lochgelly lies just south of the Lomond Hills Regional Park, which covers a vast area with many access points, and has a large network of paths. There is open parkland within walking distance, and two golf courses nearby, the club within Lochgelly itself, and the course nearby at Cowdenbeath, with many others throughout Fife. Lochgelly has two schools, the South Primary, and secondary schooling at the High School.
PURCHASER NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.
This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.
Auction House Scotland are registered with HMRC and carry out due diligence on all of our clients, please ask for more information on identification required prior to entering into a contract.
Cybercrime Warning
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
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