3 Bed Semi-Detached House, Refurb/BRRR, Glenrothes, KY6 2SG, £147,000

Ardross Place, Glenrothes, KY6 2SG - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£65K - £202K

 

 

Square Metres

~93 m²

Value Estimate

£133,571

 

 

End Value (After Refurb)

£130,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,750

Stamp Duty & Legal Fees

£5,610

Refurb Costs

£38,000

Bridging Loan Interest

£3,859

Total Cash In

£85,969

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£130,000

Mortgage (After Refinance)

£97,500

Mortgage LTV

75%

Cash Left In

£85,969

Equity

£32,500

Rent Range

£695 - £945

Rent Estimate

£823

Running Costs/mo

£591

Cashflow/mo

£232

Cashflow/yr

£2,786

ROI

3%

Gross Yield

7%

Local Sold Prices

49 sold prices from £65K to £202K, average is £113K.

PriceDateDistanceAddressBeds 
£180K12/210 mi38, Ardross Place, Glenrothes, Fife KY6 2SG3
£112K01/210.06 mi66, Ardross Place, Glenrothes, Fife KY6 2SQ3
£130K07/210.06 mi11, Ardross Court, Glenrothes, Fife KY6 2SP3
£180K08/210.09 mi34, Balnagowan Drive, Glenrothes, Fife KY6 2SH3
£202K02/210.09 mi43, Braemar Gardens, Glenrothes, Ffe KY6 2RF3
£195.6K06/210.14 mi38, Balnagowan Drive, Glenrothes, Fife KY6 2SJ3
£182K02/210.14 mi42, Balnagowan Drive, Glenrothes, Ffe KY6 2SJ3
£176.2K07/210.3 mi4, Brahan Park, Glenrothes, Fife KY7 4QF3
£107K08/240.32 mi22, Warout Walk, Glenrothes, Ffe KY7 4JR3
£90K12/200.35 mi114, Inveraray Avenue, Glenrothes, Ffe KY7 4QR3
£96K08/240.36 mi11, Warout Brae, Glenrothes, Ffe KY7 4JP3
£118K02/240.36 mi27, Adamson Place, Glenrothes, Fife KY6 2AU3
£135K05/240.39 mi12, Bilsland Road, Glenrothes, Fife KY6 2DX3
£97K02/210.39 mi29, Bilsland Road, Glenrothes, Ffe KY6 2DX3
£134.6K09/210.39 mi3, Brunton Quadrant, Glenrothes, Fife KY7 4EQ3
£105K08/210.41 mi26, Durness Court, Glenrothes, Fife KY6 2BJ3
£115K05/210.44 mi1, Aline Court, Glenrothes KY6 2BX3
£104K06/210.44 mi38, Inveraray Avenue, Glenrothes, Fife KY7 4QN3
£72.8K06/210.44 mi11, Dunvegan Court, Glenrothes, Fife KY6 2BL3
£112.5K06/210.44 mi23, Dunvegan Court, Glenrothes, Fife KY6 2BL3
£72K08/240.44 mi1, Dunvegan Court, Glenrothes, Ffe KY6 2BL3
£95K03/210.44 mi16, Lumsden Road, Glenrothes, Fife KY7 4LS3
£105K05/210.45 mi262, Cluny Place, Glenrothes, Fife KY7 4QU3
£108K11/210.45 mi3, South Parks Road, Glenrothes, Fife KY6 1BL3
£130K10/210.46 mi63, Bilsland Road, Glenrothes, Fife KY6 2DZ3
£96K07/210.46 mi58, Broom Road, Glenrothes, Fife KY6 2BQ3
£120K08/240.47 mi80, Inveraray Avenue, Glenrothes, Ffe KY7 4QP3
£115K07/210.47 mi85, Warout Road, Glenrothes, Fife KY7 4EP3
£155.5K12/210.47 mi2, South Parks Road, Glenrothes, Fife KY6 1BL3
£113K05/210.49 mi7, Shiel Court, Glenrothes, Fife KY6 2BU3
£79.5K01/210.49 mi4, St. Rule Place, Glenrothes, Ffe KY7 4EG3
£95K01/210.5 mi2, Rimble Loan, Glenrothes, Ffe KY6 2DS3
£115K11/210.5 mi41, Inveraray Avenue, Glenrothes, Fife KY7 4QW3
£103.5K02/210.51 mi66, Broom Road, Glenrothes, Ffe KY6 2BQ3
£115K04/210.54 mi472, Blair Avenue, Glenrothes, Fife KY7 4RE3
£116.5K02/240.54 mi495, Blair Avenue, Glenrothes, Fife KY7 4RE3
£98K02/210.54 mi436, Cluny Place, Glenrothes, Fife KY7 4RB3
£112.5K01/210.55 mi1, Carlyle Road, Glenrothes, Ffe KY6 1AQ3
£82K07/210.56 mi4, Beauly Court, Glenrothes, Fife KY6 2EJ3
£103.5K06/210.57 mi19, Ryan Road, Glenrothes, Fife KY6 2EN3
£130K08/240.57 mi388, Cluny Place, Glenrothes, Ffe KY7 4RA3
£125K05/240.57 mi415, Cluny Place, Glenrothes, Fife KY7 4RA3
£130.5K06/210.58 mi9, Torridon Place, Glenrothes, Fife KY6 2ER3
£105.9K08/210.58 mi97, Dunbeath Drive, Glenrothes, Fife KY7 4PJ3
£135K08/240.58 mi107, Dunbeath Drive, Glenrothes, Ffe KY7 4PJ3
£126K08/240.58 mi71, Dunbeath Drive, Glenrothes, Ffe KY7 4PJ3
£145K06/210.6 mi41, Burns Road, Glenrothes, Fife KY6 1EB3
£81K01/210.61 mi20, Macduff Gardens, Glenrothes, Ffe KY7 4BS3
£65K05/240.61 mi20, Hamilton Place, Glenrothes, Fife KY6 1AJ3

Local Rents

17 rents from £695/mo to £945/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85004/240.03 miArdross Court, Pitteuchar, Glenrothes3
£83012/240.25 mi-3
£86001/250.25 mi-3
£75004/250.4 mi-3
£76012/240.54 mi-3
£85012/240.56 mi-3
£85009/240.56 mi-3
£80003/240.56 mi-3
£69504/240.7 miChurch Street, Glenrothes, KY73
£89506/240.71 mi-3
£85003/250.9 mi-3
£85003/250.9 mi-3
£86003/250.91 mi-3
£73503/240.96 mi-3
£82501/250.96 mi-3
£80003/250.96 mi-3
£94503/251.07 mi-3

Local Area Statistics

Population in Glenrothes

46,768

Town centre distance

0.65 miles away

Nearest school

0.30 miles away

Nearest train station

1.99 miles away

 

 

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £147,000

February 19, 2025

Floor Plans

Description

  • Bright & Spacious Family Home +
  • 3-Bed Semi-Detached Villa +
  • Driveway & Single Garage +
  • South-Facing Rear Gardens +
  • Desirable area of Glenrothes +
  • Early Viewing Highly Recommended +
  • Similar Properties Required +
  • HOME REPORT VALUE £155,000 +
  • EPC RATING D +
  • COUNCIL TAX BAND D +

Welcome to Ardross Place a Bright & Spacious 3 Bed Semi-Detached Vila With Single Garage & South-Facing Rear Gardens! In the highly sought after Private Estate Located in Glenrothes.

Allan England's award-winning team at first for homes are proud to welcome to the market this 3-bed Semi-Detached Villa which would benefit from internal modernisation situated within a desirable area within a private estate of Glenrothes. The property offers spacious family living accommodation comprising on the ground floor level: entrance hall. large lounge, archway leading to dining room and breakfasting kitchen with utility area. The upper level offers 3 bedrooms, bathroom and separate cloaks/WC. Externally, the property benefits a driveway to the front leading to single garage and lovely south-facing rear gardens. Space to extend (subject to planning consents). Early viewing is highly recommended to ensure you don't miss out! Ideal Family Home! In an Ideal Location! Walking distance to local amenities and town centre.

HOME REPORT VALUE £155,000
EPC RAITING D
COUNCIL TAX BAND D

Call first for homes - first for trust... first for service... first for aftercare!

Situation – Glenrothes - Glenrothes is regarded as one of the most successful Towns in Scotland with a wealth of local amenities including Kingdom Shopping Centre as well as sport and leisure at Michael Woods and a multi-screen cinema. Glenrothes boasts its very own 18-hole Golf course and both Primary and Secondary schooling are available. For the commuter the A92 allows swift access to Edinburgh and there are railway stations at both Thornton and Markinch.

Entrance Hall -

Family Lounge - 4.23m x 3.50m approx. (13'10" x 11'5" approx.) -

Dining Room - 3.42m x 2.66m approx. (11'2" x 8'8" approx.) -

Breakfasting Kitchen - 3.37m x 2.70m approx. (11'0" x 8'10" approx.) -

Utility Area - 2.62m x 2.57m approx. (8'7" x 8'5" approx.) -

Upper Level -

Bedroom 1 - 4.21m x 3.45m approx. (13'9" x 11'3" approx.) -

Bedroom 2 - 3.01m x 2.84m approx. (9'10" x 9'3" approx.) -

Bedroom 3 - 2.93m x 2.53m approx. (9'7" x 8'3" approx.) -

Bathroom (Bath & Sink) -

Cloaks / Wc (Wc & Sink) -

Driveway -

Single Garage -

Garden Grounds (South-Facing Rear) -

Information - These particulars are prepared on the basis of information provided by our clients. We have not tested the electrical system or appliances, nor where applicable, any central heating system. All sizes are recorded by electronic tape measurements to give an indicative, approximate size only. Prospective purchasers should make their own enquiries - no warranty is given or implied. This schedule is not intended to, and does not form any contract.

Glenrothes is regarded as one of the most successful Towns in Scotland with a wealth of local amenities including Kingdom Shopping Centre as well as sport and leisure at Michael Woods and a multi-screen cinema. Glenrothes boasts its very own 18-hole Golf course and both Primary and Secondary schooling are available. For the commuter the A92 allows swift access to Edinburgh and there are railway stations at both Thornton and Markinch.

Agent Details

First for Homes, Glenrothes

01592 809929

Next Steps?

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