3 Bed Flat, Single Let, Cupar, KY15 5AF, £97,000

Orchardgate, Cupar, KY15 5AF - 7 months ago

Sold STC
BTL
ROI: 4%
~72 m²
+10 photos

ValuationOvervalued

Sold Prices£70K - £291K

 

 

Square Metres

~71.80 m²

Value Estimate

£80,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,250

Stamp Duty & Legal Fees

£6,050

Total Cash In

£30,300

 

 

Cash Out

 

Rent Range

£499 - £1,500

Rent Estimate

£544

Running Costs/mo

£432

Cashflow/mo

£112

Cashflow/yr

£1,345

ROI

4%

Gross Yield

7%

Local Sold Prices

10 sold prices from £70K to £291K, average is £82.5K.

PriceDateDistanceAddressBeds 
£70K01/210.18 mi16a, Ladywynd, Cupar, Ffe KY15 4DE3
£80K02/210.22 mi35, Westfield Avenue, Cupar, Ffe KY15 5AA3
£140K05/210.26 mi14, Castlehill, Cupar, Fife KY15 4HA3
£85K09/210.34 mi9, Kinloss Crescent, Cupar, Fife KY15 4EB3
£75K10/210.35 mi20, Kinloss Crescent, Cupar, Fife KY15 4ED3
£80K08/240.35 mi76, Kinloss Crescent, Cupar, Ffe KY15 4ED3
£80K04/240.39 mi47, Kinloss Park, Cupar, Fife KY15 4EL3
£195K11/210.49 mi10, Ceres Road, Pitscottie KY15 5TD3
£256K07/210.89 mi20, Hogarth Drive, Cupar, Fife KY15 5YH3
£291K04/212.12 miLittle St. Helens, Back Latch, Ceres, Cupar, Fife KY15 5NT3

Local Rents

21 rents from £499/mo to £1.5K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£60012/240.04 miSouth Union Street, Cupar2
£60004/240.17 miCrossgate, Cupar, KY152
£67511/230.19 mi-2
£65003/240.2 miBurnside Close, Bonnygate, Cupar, Fife, KY152
£55004/240.21 miSouth Bridge, Cupar, Fife, KY151
£60005/240.22 miHill Crescent, Cupar, Fife, KY151
£49903/250.3 mi-1
£72509/240.32 mi-2
£75003/250.32 mi-2
£75002/250.32 mi-2
£1,35004/240.33 miCastlefield, Cupar, Fife3
£69503/250.34 mi-2
£80004/240.35 miCupar Mills, Cupar3
£77512/240.37 mi-2
£1,50012/240.64 miGeorge Govan Road, Cupar, Fife, KY153
£1,07511/240.68 mi-2
£85003/240.77 miLandale Gardens, Cupar, Fife, KY152
£1,20001/250.95 mi-2
£1,20003/250.95 mi-2
£90005/230.95 mi-2
£90005/240.95 mi-2

Local Area Statistics

Population in Cupar

28,507

Town centre distance

3.16 miles away

Nearest school

0.20 miles away

Nearest train station

0.31 miles away

 

 

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+10%

Property History

Price changed to £97,000

January 31, 2025

Listed for £105,000

September 15, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Spacious Rooms +
  • Double Glazing +
  • Walking Distance To Local Shops +
  • Transport Links +
  • Gas Central Heating +
  • Chain Free +

The Property

Fantastic opportunity to purchase this Chain Free three bedroom flat in a quiet sought after area.

This practical three-bedroom flat in Cupar offers comfortable and modern living in a sought-after location. Situated on a quiet residential street, this well-maintained flat is perfect for professionals or a couple looking for a stylish and convenient home.

Upon entering, you are greeted by a welcoming hallway that leads to all the main rooms of the flat. The spacious living room is flooded with natural light and provides ample space for relaxing and entertaining guests.

The generously sized bedrooms is a peaceful sanctuary, offering a comfortable space to unwind and rest. It features a large window that fills the room with natural light.

The property boasts and modern feel and this is completed with a new Kitchen.

Additional features of this fantastic flat include double glazing throughout and efficient gas fired central heating. The property is conveniently located within walking distance of local amenities, shops, restaurants, and public transportation links.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Kirkcaldy

020 3840 3915

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪