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115 Wellesley Road, Methil, Leven, KY8 3AD

Guide Price

£25,000

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Guide Price

£25,000

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Flat

Residential

Vacant

115 Wellesley Road, Methil, Leven, KY8 3AD

1

bed

1

bath

1

reception

Council tax: A

freehold

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Residential Refurbishment Opportunity

Description

  • Prime Property Auctions is excited to bring to market this Residential Refurbishment Opportunity, this VACANT 1 bed property, located within a prime location in Leven. Guide Price of £32,000

  • 63, Wellesley Road, Methil, Leven, Fife KY8 3AD sold for £66,000, 95, Wellesley Road, Methil, Leven, Fife KY8 3AD sold for £59,000

  • Property could attract a monthly rent of £500 - £600 p/m (£6,000 - £7,200 p/a) which would provide an excellent gross yield of between 18.7% - 22.5% based on a guide price of £32,000. 

  • Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location

  • Property is located near a whole host of local amenities including many popular coffee shops, bars, and restaurants, with local schools nearby.

Prime Property Auctions is excited to bring to market this Residential Refurbishment Opportunity, this VACANT 1 bed property, located within a prime location in Leven. Guide Price of £32,000

Property comprises:Entrance hallway, living room, WC, kitchen, 1 bedroom. 

Sales Evidence: 

63, Wellesley Road, Methil, Leven, Fife KY8 3AD sold for £66,000, 95, Wellesley Road, Methil, Leven, Fife KY8 3AD sold for £59,000

Property needs light renovations and is priced under ADS to ensure a quick sale!

Property could attract a monthly rent of £500 - £600 p/m (£6,000 - £7,200 p/a) which would provide an excellent gross yield of between 18.7% - 22.5% based on a guide price of £32,000.

Property Requires light renovations, sure to appeal to shrewd investors looking for high yielding and easily lettable property in a sought after location.

Property is located near a whole host of local amenities including many popular coffee shops, bars, and restaurants, with local schools nearby.

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our

“Offer NOW”

button on our website.

 This lot is open to immediate offers. Swing that there is strong demand.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location

 

Methil, part of the scenic Levenmouth area in Fife, is a charming coastal town that beautifully blends industrial heritage with community spirit. Its streets are lined with a mix of traditional homes and modern buildings, reflecting the town's rich history and contemporary development. The bustling town centre offers a variety of local shops, inviting cafes, and friendly pubs, providing a welcoming atmosphere for residents and visitors alike. The community is known for its warmth and friendliness, making every encounter a pleasant one. Situated along the Firth of Forth, Methil boasts stunning waterfront views and easy access to beautiful beaches and coastal paths, perfect for leisurely walks and outdoor activities. Discover Methil, where history meets modern living, and every visit feels like a homecoming.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

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