Balfour Street, Kirkcaldy, KY2
MC

Balfour Street, Kirkcaldy, KY2

By McGowan Housing

£ 50,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 1 Bedroom Flat|Spacious Lounge | Well Maintained Property | Prime Rental Location Within Kirkcaldy

Property Oracle says ..

This one-bedroom flat located on Balfour Street in Kirkcaldy, Fife, presents a mixed bag of attributes. Its central location is a definite advantage, offering easy access to Kirkcaldy’s amenities and excellent transport links via the nearby train station. This aspect is quite appealing to investors. The photographs reveal a property that is undeniably in need of some work. The exterior shows a boarded-up window, hinting at possible damage, and the interior photographs highlight a dated kitchen and living areas with a general lack of cleanliness. While the rooms are functional, they lack appeal in their current state, necessitating refurbishment to attract many buyers or tenants. The lack of information on square footage and plot size prevents a more accurate evaluation of its size and land space, which is another notable shortcoming. The listing price of £50,000 is lower than some similar properties in the area, but this should be weighed against the cost of the necessary repairs and renovations. In summary, this property may present an opportunity for investors or buyers willing to undertake a refurbishment project. However, the required effort, and the lack of crucial information about the property size, may be off-putting to certain individuals. Potential buyers should conduct thorough surveys and factor in the costs of renovation before making any purchasing decisions.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
546,663.00 £
Increased by 20.32 %
from 454,336.00 £
Average area rental value
2,315.00 £/mo
Increased by 58.13 %
from 1,464.00 £/mo
Est rental Yield
5.08 %
Increased by 31.27 %
from 3.87 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • McGowan Housing created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Legion Court £ 124,99500.00 KM
Octavia Street £ 97,47500.00 KM
Loanhead Place £ 000.00 KM
Denend Crescent £ 140,00000.00 KM
Forth Park Crescent £ 304,99900.00 KM

Nearby Transport

NameNLCTLCDistance
Kirkcaldy9145KDY0.69 KM
Kinghorn9142KGH5.51 KM
Glenrothes With Thornton9301GLT5.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Balfour Street, Kirkcaldy, Fife, KY2 £ 55,000BUY5 / 100.00 KM
Balfour Street, Kirkcaldy, Fife, KY2 £ 110,000BUYUnknown0.00 KM
Balfour Street, Kirkcaldy, KY2 £ 67,500BUY6 / 100.00 KM
Balfour Street, Kirkcaldy, KY2 £ 50,000BUY4 / 100.00 KM
Balfour Street, Kirkcaldy, KY2 5HD £ 90,000BUY7 / 100.01 KM