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Main Category : All Auction Property
Additional Category : Fife Property
   Kirkcaldy (Thornton) - 3 Bedroom Lower Flat - Value: 114,000 GBP - S-STC Auction ID : 103690   
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Kirkcaldy (Thornton) - 3 Bedroom Lower Flat - Value: 114,000 GBP - S-STC

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Current Bid -
Start Bid GBP 80,000.00 [ Convert ]
Quantity 1
# Bids 0
Location KY1 4AX, Fife
Country United Kingdom
Time Left 165 days, 15h 16m
Start Time 20 Jun. 2017 01:14:42
End Time 10 Jan. 2018 00:14:42
Status Open
Make Offer
Reserve Price Not Met
High Bid No Bids

Description
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NOW SOLD - SUBJECT TO CONTRACT
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Any Offer at or Above £80,000 Secures This Property!
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Station Road
Thornton
Kirkcaldy
KY1 4AX
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Location Map: CLICK HERE
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Value: £114,000

Starting Bid: £80,000

Bid Increments: £250

Special Conditions: None. This property would make a great letting Investment or family home. Rental at £650.00 pcm would achieve a 9% gross annual yield.
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Important - Please Note: 0131 Auction incorporates an 'Anti Sniping' Feature - If a new bid is received within the last five (5) minutes of auction end time then the auction bidding will automatically be extended for a further five minutes, from the time which the last bid is received, until no more bids have been placed.

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In order to automatically display any new bids placed, please be aware this auction page will refresh every three (3) minutes until auction end. If you require further information then please contact us
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This impressive traditional ground floor apartment offers deceptively spacious accommodation within the popular village of Thornton. The property is ideally suited for a family and is conveniently placed for access to local schooling, park, local shopping facilities and main line railway station.
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The accommodation comprise of
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  • Three Double Bedrooms
  • Spacious Open Plan Lounge/ Diner
  • Separate Dining Hallway
  • Family Bath/ Shower Room
  • Separate Shower Room
  • Fitted Kitchen and Conservatory
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The subjects are heated via gas central heated radiators and benefit from double glazing. Externally the property enjoys communal gardens, carport and larger than standard garage with electrically operated door.
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The property is entered via a communal reception hallway. The inner hallway provides access into the family bath/shower room, cloaks cupboard and dining hallway. The family bathroom comprise of a low level w.c. wash hand basin, bath and separate shower cubicle. The dining hallway is a well presented and of a of size to accommodate a family sized dining table and chairs. The dining area allows entry into the lounge/diner, three double bedrooms, family shower room and fitted kitchen. The lounge/diner is a beautifully presented principle apartment enjoying natural exposed varnished wooden flooring and front facing windows providing natural light. The room also boasts decorative corniced ceiling with two matching ceiling roses, focal fire surround and is of size to easily accommodate a family sized dining table and chairs if required. The master bedroom is a generous double bedroom enjoying oak laminate flooring, front facing windows and fitted treble fitted wardrobes containing both hangers and shelving. The additional front facing bedroom is currently decorated for a younger child. The third double bedroom has a window facing to the rear. The fitted kitchen incorporates a variety of base and wall mounted units. Inset within the block wood work top is a stainless steel sink with side drainer. Fitted appliances include oven, hob and extractor. Splash back ceramic tiling. Doorway allows access to the rear facing conservatory. The conservatory is of size to accommodate conservatory furniture with windows facing to rear and French doors providing access. The separate family shower room comprises of a low level w.c. wash hand basin and shower cubicle.
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Externally the property enjoys communal gardens, residential parking, carport and single garage with remote controlled electrically operated door. The internal viewing of this unique ground floor apartment is essential for the property to be fully appreciated. Please note a flexible entry date is available with this property.
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  • LOUNGE/ DINER - 5.82m x 3.6m
  • KITCHEN - 3.68m x 1.96
  • DINING HALLWAY - 5m x 3.58m
  • BEDROOM 1 - 3.89m x 3.48m
  • BEDROOM 2 - 3.48m x 2.67m
  • BEDROOM 3 - 3.89m x 2.5m
  • FAMILY SHOWERROOM
  • FAMILY BATHROOM/ SHOWERROOM
  • CONSERVATORY
  • GAS CENTRAL HEATING
  • DOUBLE GLAZING
  • DRIVEWAY/ CARPORT
  • GARAGE (ELECTREIC DOOR)
  • COMMUNAL GARDENS
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Would you like to view this property or order a copy of the Home Report? CLICK HERE

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How the figures appear concerning a Buy To Let (BTL) purchase…
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Example:

Purchase Price: £80,000*

25% BTL Mortgage Deposit: £20,000

75% BTL Mortgage Borrowed: £60,000

Monthly Mortgage Payments (APR 5%): £250

Monthly Insurance etc: £20

Total Monthly Cost: £270

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Monthly Rental Income Received: £550
Monthly Gross Profit: £280 (£550 Rent/ -£270 Costs)

Yearly Gross Profit: £3,360

Immediate Equity in Property: £34,000 (Discount) + £20,000 (Deposit) = £54,000
Gross Yield on Deposit Paid: 16.8% p.a.
£20,000 BTL Deposit Repaid From Rent in Only 6 Years!
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* Does not include any fee's or other cost's associated with property purchase. Rental is assumed and not guaranteed. Always seek independent financial advice.
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These particulars do not form part of an offer and all statements contained herein are believed to be correct but are not guaranteed and any intended purchaser must satisfy themselves as to their accuracy. The dimensions provided may include, or exclude, recesses intrusions and fitted furniture. They have been chosen to indicate the general size and shape of each room. Any detailed measurements ought to be taken personally.
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DISCLAIMER: 0131 Property Auctions (0131auction.co.uk) provides a Property Auction Facility Only and is not an Estate Agent and we do not provide Estate Agent Services. Any opinion, statement, recommendation or anything else whatsoever shall not form any guarantee or warranty. All investigations, surveys, searches or any other enquiries will be your responsibility. Any further investigations, due diligence, establishment of clear title, surveys, searches, etc or any other enquiries will be undertaken by your appointed suitably qualified persons but we make no warranty or guarantee and you must rely on any professional warranty or guarantee offered by the person or organisation performing such investigations, surveys or searches.
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To the extent that the law allows we will not be held responsible for any loss, damage or costs arising out of failing to provide the services or any part thereof of our Property Auction Facility. This is a comprehensive limitation of liability which shall apply to all damages of any kind, direct or indirect, special, incidental, consequential, damages or loss, including but not limited to, any damages for loss of income, profits, revenue or data incurred by you or third parties, whether based in contract, tort or in any other way whatsoever, even when we have been advised of the possibility of such damages.
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All our Auction properties are sold in strict accordance with our Terms & Conditions. To view a copy please: CLICK HERE


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Kirkcaldy (Thornton) - 3 Bedroom Lower Flat - Value: 114,000 GBP - S-STC

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