2 Bed Flat, Single Let, Cupar, KY15 7AH, £94,000

Lomond Crescent, Falkland, KY15 7AH - 2 months ago

Sold STC
BTL
ROI: 5%
~76 m²
+10 photos

ValuationOvervalued

Sold Prices£55K - £206K

 

 

Square Metres

~76 m²

Value Estimate

£90,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,500

Stamp Duty & Legal Fees

£5,900

Total Cash In

£29,400

 

 

Cash Out

 

Rent Range

£550 - £1,595

Rent Estimate

£550

Running Costs/mo

£424

Cashflow/mo

£126

Cashflow/yr

£1,515

ROI

5%

Gross Yield

7%

Local Sold Prices

12 sold prices from £55K to £206K, average is £108K.

PriceDateDistanceAddressBeds 
£110K06/210.01 mi43, Lomond Crescent, Falkland, Cupar, Fife KY15 7AJ2
£106K05/210.02 mi34, Lomond Crescent, Falkland, Cupar, Fife KY15 7AH2
£55K01/210.32 mi21, Back Dykes Terrace, Falkland, Cupar KY15 7BA2
£183.5K08/240.36 mi2 Bruce Buildings, Lower East Flat, High Street, Falkland, Cupar, Ffe KY15 7BL2
£90K01/211.73 mi11, North Street, Freuchie, Cupar, Ffe KY15 7HL2
£182K11/211.84 mi40, Main Street, Dunshalt, Cupar, Fife KY14 7EX2
£206K12/211.98 mi16, Main Street, Dunshalt, Cupar, Fife KY14 7EU2
£90K11/212.67 mi21, Formonthills Court, Glenrothes, Fife KY6 3EQ2
£82K04/212.81 mi6a, Orchard Flat, Auchtermuchty, Cupar, Fife KY14 7DL2
£172.6K11/212.85 mi25, Cash Feus, Strathmiglo, Cupar, Fife KY14 7QX2
£120K05/212.89 mi11, Crosshills, Auchtermuchty, Cupar, Fife KY14 7AX2
£93K02/212.94 mi44a, High Street, Auchtermuchty, Cupar, Fife KY14 7AP2

Local Rents

4 rents from £550/mo to £1.6K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£1,59503/250.41 mi-4
£75004/241.61 miLindsay Place, KY152
£55005/231.77 mi-1
£85003/241.93 miKY152

Local Area Statistics

Population in Cupar

28,507

Town centre distance

10.65 miles away

Nearest school

0.10 miles away

Nearest train station

3.36 miles away

 

 

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+10%

Property History

Listed for £94,000

January 30, 2025

Floor Plans

Description

  • Main Door Upper Cottage Flat +
  • Bright Airy Lounge +
  • 2 Generous Double Bedrooms +
  • Modern Kitchen With Appliances +
  • Modern Shower Room +
  • Gas Central Heating & Double Glazing +
  • Private Back Garden +
  • Ideally Located For Commuting & Country Living +
  • Good Local Amenities +
  • Set In World-Famous Historic Village +

Well presented 2 bed main door upper cottage flat set in the outstanding and historic village of Falkland, with quick and easy access to A92. Ideal starter home offering good living and bedroom accommodation, with a modern bathroom and kitchen. Wonderful views of the Lomond hills.

Accommodation comprises a bright and airy lounge with lots of space for free-standing furniture. Moving on, you will come to he modern, pleasant kitchen with an array of units and appliances. The property also features 2 generous double bedrooms and this super property is completed with a modern shower-room. This already spacious property boasts additional attic space. Outside, there is a back garden and on-street parking to front and nearby. Property enjoys Gas Central Heating and Double Glazing.

This lovely flat is set in a very popular residential street, with good local amenities within the village, which is Scotland's first conservation area. Falkland is a delightful, historic village in the heart of the Fife countryside, with the focal point of the village being the magnificent 15th Century Falkland Palace, once home to Mary Queen of Scots. The village offers a good range of amenities including a busy community hall, good range of retails outlets and cafes, and the Centre for Stewardship is set in Falkland estate and offers a good range of events. The village nestles into the foot of the Lomond Hills and Falkland estate which boasts stunning countryside, woodlands and waterfalls...... There is a Primary School, pharmacy and tennis club, as well as Falkland Golf Club. Cupar, Glenrothes and St Andrews are within easy driving distance and there are train stations in nearby Markinch and Ladybank, just a few minutes away by car. Secondary education is available at Bell Baxter High in Cupar. The surrounding Fife countryside is ideal for outdoor pursuits including the Lomond Hills Regional Park and Balbirnie Park in Markinch. A wide variety of local water sports is available in nearby East Neuk coastal towns and there is an abundance of Golf Courses nearby including Balbirnie, Leven and further afield towards St Andrews, home of golf. The property is well placed for transportation routes with very quick and easy access to the motorway system allowing major towns in Fife, Dundee, Edinburgh, Perth and beyond to be reached within a comfortable drive. Edinburgh Airport is accessible by motorway and a mere 1 hour drive away.

Home Report Value £95,000
Council Tax Band A
Energy Performance Rating D

Agent Details

Fords Daly Legal, Kirkcaldy

01592 802095

Next Steps?

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