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Tenanted four bedroom property
Enjoy rental income from day one with this well presented and spacious four bedroom end terraced property in Dunfermline. Over two levels, the accommodation comprises, on the entry level, lounge, one bedroom, modern fitted kitchen with dining room off and WC. The upper level offers a further three bedrooms, all with storage, and family bathroom with corner bath and shower over. Further features include recently replaced double glazing, gas central heating system (back boiler), extensive lawned garden area to rear, and multiple car driveway. The attractively positioned Guide Price offers a substantial 25% discount against Home Report valuation of £200,000, and the long term tenant in situ (18 years) offers immediate rental income of £11,136 per annum which represents a 7.4% gross rental yield if purchased at Guide Price., with potential to increase rental in line with current legislation. This is a great addition to a buy to let portfolio, and the day one income allied with capital growth potential is sure to attract strong demand from buy to let landlords. Early viewing is essential. Council Tax Band: D.
Tenure
Freehold
Area
Myers Court enjoys convenient location, approximately 1.5 miles from Dunfermline city centre. Dunfermline lies around 5 miles north of the River Forth and offers a vast range of amenities including Tesco Superstore, Kingsgate Shopping Centre and a variety of other shopping facilities. This location is ideal for commuters, with the M90 providing easy access to both Edinburgh and Perth, regular buses and Dunfermline City train station offering direct services to Edinburgh and beyond. The iconic Bridges of Forth Rail Bridge, Forth Road Bridge and the new Queensferry Crossing are all within easy reach and provide key connectivity to the capital and onto central belt. Edinburgh International Airport lies approximately 20-25 minutes' drive from Central Dunfermline.
Local Authority
Fife Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.