2 Bed Terraced House, Refurb/BRRR, Cupar, KY15 4ER, £90,000

62 Kinloss Park, Cupar, Fife, KY15 4ER - 14 days ago

Refurb/BRRR

ROI: 7%

~68 m²

+3 photos

ValuationFair Value

Sold Prices	£65K - £400K

Square Metres	~68.11 m²
Value Estimate	£90,000£90,000

End Value (After Refurb)	£95,250£95,250
Uplift in Value	+6%+6%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£22,500£22,500
Stamp Duty & Legal Fees	£5,700£5,700
Refurb Costs	£27,823£27,823
Bridging Loan Interest	£2,363£2,363
Total Cash In	£60,135£60,135

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£95,250£95,250
Mortgage (After Refinance)	£71,438£71,438
Mortgage LTV	75%75%
Cash Released	£3,938£3,938
Cash Left In	£56,198£56,198
Equity	£23,813£23,813
Rent Range	£600 - £1,200£600 - £1,200
Rent Estimate	£823
Running Costs/mo	£482£482
Cashflow/mo	£341£341
Cashflow/yr	£4,089£4,089
ROI	7%7%
Gross Yield	11%11%

Local Sold Prices

30 sold prices from £65K to £400K, average is £150.7K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£105.3K	08/24	0 mi	84, Kinloss Park, Cupar, Ffe KY15 4ER	-	-	2	Terraced House
£177.5K	07/21	0.06 mi	12, Kinloss Drive, Cupar, Fife KY15 4DR	-	-	2	Semi-Detached House
£204K	04/24	0.09 mi	3, Kilmaron Crescent, Cupar, Fife KY15 4DS	-	-	2	Bungalow
£130.6K	04/21	0.33 mi	17, Burnside North, Cupar, Fife KY15 4JR	-	-	2	Terraced House
£95K	02/21	0.36 mi	15, Dalgairn Crescent, Cupar, Ffe KY15 4AY	-	-	2	Semi-Detached House
£65K	02/24	0.36 mi	15a, Dalgairn Crescent, Cupar, Fife KY15 4AY	-	-	2	Bungalow
£125K	04/21	0.37 mi	11, Burnside North, Cupar, Fife KY15 4DG	-	-	2	Terraced House
£135K	02/21	0.38 mi	119, Upper Dalgairn, Cupar, Ffe KY15 4JQ	-	-	2	Semi-Detached House
£149K	05/21	0.4 mi	48, South Union Street, Cupar, Fife KY15 5BB	-	-	2	Semi-Detached House
£158.5K	08/21	0.41 mi	57, House 6, Bonnygate, Cupar, Fife KY15 4BY	-	-	2	Terraced House
£123.5K	10/21	0.42 mi	52, Orchardgate, Cupar, Fife KY15 5AF	-	-	2	Terraced House
£108K	10/21	0.42 mi	50, Orchardgate, Cupar KY15 5AF	-	-	2	Semi-Detached House
£118K	06/21	0.43 mi	35, Orchardgate, Cupar, Fife KY15 5AG	-	-	2	Semi-Detached House
£130K	11/21	0.49 mi	30, Kirkgate, Cupar, Fife KY15 5AL	-	-	2	Terraced House
£123.2K	03/21	0.53 mi	9, Maitland Drive, Cupar, Fife KY15 5EU	-	-	2	Terraced House
£164K	05/24	0.53 mi	58, Maitland Drive, Cupar, Fife KY15 5EU	-	-	2	Bungalow
£185K	02/21	0.54 mi	7, Ashlar Park, Lovers Lane, Cupar, Ffe KY15 5AQ	-	-	2	Semi-Detached House
£155.5K	04/24	0.58 mi	8, Castlebank Gardens, Cupar, Fife KY15 4DA	-	-	2	Semi-Detached House
£400K	08/24	0.59 mi	Greenlaw, Brighton Road, Cupar, Ffe KY15 5DH	-	-	2	Bungalow
£126K	10/21	0.61 mi	15, Blalowan Gardens, Cupar, Fife KY15 5EL	-	-	2	Terraced House
£155K	03/21	0.64 mi	20, George Govan Road, Cupar KY15 4GY	-	-	2	Terraced House
£125K	09/21	0.66 mi	9, Moonzie Bank, Cupar, Fife KY15 5DF	-	-	2	Semi-Detached House
£185K	06/21	0.74 mi	15, Holly Park, Cupar, Fife KY15 5DB	-	-	2	Semi-Detached House
£200.5K	09/21	0.78 mi	12, Edenbank Road, Cupar, Fife KY15 4HE	-	-	2	Detached House
£151.5K	07/21	0.82 mi	8, Oak Vale, Cupar, Fife KY15 5BD	-	-	2	Terraced House
£150K	09/21	0.82 mi	17, South Road, Cupar, Fife KY15 5JF	-	-	2	Semi-Detached House
£184K	08/21	0.93 mi	11, Landale Gardens, Cupar, Fife KY15 4UE	-	-	2	Semi-Detached House
£165K	03/21	0.94 mi	26, St. Michaels Drive, Cupar, Ffe KY15 5BS	-	-	2	Semi-Detached House
£175K	04/21	0.98 mi	4, Curling Pond Court, Cupar, Fife KY15 4UD	-	-	2	Semi-Detached House
£236.5K	04/24	0.98 mi	4, Curling Pond Court, Cupar, Fife KY15 4UD	-	-	2	Bungalow

Local Rents

15 rents from £600/mo to £1.2K/mo, average is £750/mo.

Rent	Date	Distance	Address	Beds	Type
£750	04/25	0.13 mi	-	2	Flat
£725	09/24	0.13 mi	-	2	Flat
£750	03/25	0.13 mi	-	2	Flat
£775	12/24	0.16 mi	-	2	Flat
£600	12/24	0.4 mi	South Union Street, Cupar	2	Flat
£650	03/24	0.45 mi	Burnside Close, Bonnygate, Cupar, Fife, KY15	2	Flat
£600	04/24	0.53 mi	Crossgate, Cupar, KY15	2	Flat
£675	11/23	0.56 mi	-	2	Flat
£1,200	01/25	0.64 mi	-	2	Detached House
£1,200	04/25	0.64 mi	-	2	Detached House
£695	03/25	0.72 mi	-	2	Flat
£1,075	11/24	0.79 mi	-	2	Bungalow
£850	03/24	0.93 mi	Landale Gardens, Cupar, Fife, KY15	2	Bungalow
£900	05/23	1.1 mi	-	2	Semi-Detached House
£900	05/24	1.1 mi	-	2	Semi-Detached House

Local Area Statistics

Population in Cupar	28,50728,507
Town centre distance	3.49 miles away3.49 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.68 miles away0.68 miles away

Rental growth (12m)	+1%+1%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £90,000

March 24, 2025

Floor Plans

Description

Terraced house in Cupar +
Scope for cosmetic upgrading +
South-facing dual-aspect living/dining room +
Triple-aspect sunroom +
Galley-style kitchen with garden access +
Two Bedrooms +
Three-piece bathroom +
GCH; DG; EPC - C +
Private gardens to the front and rear +
On-street parking +

Situated within walking distance of Cupar’s local amenities, including shops, schooling, green spaces and bus/rail links, this two- bedroom mid-terrace house will surely appeal to a wide demographic of buyers. It comes with spacious accommodation offering excellent scope for renovation, making it ideal for buyers looking for a home to customise to their taste. The residence comprises a spacious double-aspect living and dining room with a south-facing aspect, a bright sunroom, a kitchen with rear garden access, two bedrooms (one with a sunny aspect) and a bathroom. Outside, 62 Kinloss Park benefits from on-street parking and enclosed gardens. Extras: All fitted floor and window coverings, light fittings and kitchen appliances are included in the sale

Agent Details

Thorntons Property Services, Cupar

01303 761702

Next Steps?

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