Summary - St. Clair Street, Kirkcaldy, KY1 KY1 2BX
2 bed 1 bath Flat
Ready-income two-bedroom flat with long-term tenant and refurbishment potential for investors.
Long-term tenant in place producing £7,500 gross annually
Asking price £80,000 — gross yield approximately 9.4%
Freehold tenure with practical two-bedroom layout (circa 614 sq ft)
Area classified as very deprived — demand and risk factors apply
Buyer's premium payable on purchase — affects total acquisition cost
Stone-fronted exterior shows weathering; external refurbishment likely
Excellent mobile signal and fast broadband — attractive to tenants
Close to shops, transport links and everyday amenities
Set on St. Clair Street in Kirkcaldy, this freehold two-bedroom flat is offered as a buy-to-let with a long-term tenant in situ. The property currently produces an annual gross rental income of £7,500, which against the £80,000 asking price equates to a gross yield of about 9.4% — appealing to investors seeking immediate income.
Accommodation comprises two bedrooms, a lounge, kitchen and bathroom across approximately 614 sq ft. The building has a traditional stone facade and shows some weathering externally, indicating scope for cosmetic and exterior works to increase kerb appeal and potential capital growth. Internally the layout is practical and suited to continued rental use.
Material considerations: the flat is in an area classified as very deprived with associated demand characteristics; the current tenants intend to stay, so vacant possession is unlikely in the short term. A buyer’s premium will apply on purchase. Positive practical features include freehold tenure, excellent mobile signal and fast broadband, and close proximity to local shops, buses and essential amenities.
This is a straightforward income-producing opportunity for a hands-on investor or portfolio buyer. The property is best suited to those who accept tenancy continuity and may wish to invest further in light refurbishment to boost value and rents.
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