581a, Wellesley Road, Methil, Leven, KY83PD
By Future Property Auctions
£ 23,000
Reviews
2 out of 5 stars
Future Property Auctions says ..
** Timed Online Auction - 30 October 2025 ** PRIME BUY-TO-LET INVESTMENT PROPERTY*** LARGE two bedroom flat located within the coastal town of Methil, Fife. .
Property Oracle says ..
This two-bedroom flat on Wellesley Road, Methil, presents a unique opportunity for investors or first-time buyers willing to undertake a renovation project. The property’s location, while not prime, offers convenient access to local amenities and transportation. The flat requires significant work, reflected in its very low list price of £23,000. This price is substantially lower than the average for the area, suggesting that the renovation costs could be recouped through an increase in property value. However, prospective buyers should carefully assess the extent of the required renovations and factor those costs into their investment calculations.
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
- 9
- Condition
- 3
- Location
- 4
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 0
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 %
- Average area rental value
- 2,315.00 £/moIncreased by 58.13 %
- Est rental Yield
- 5.08 %Increased by 31.27 %
- Crime Rate
- 0.00 %
Agent Activity
Future Property Auctions created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Barrie Street | £ 0 | 0 | 0.00 KM |
| Kirkland Drive | £ 60,000 | 0 | 0.00 KM |
| Rannoch Road | £ 129,000 | 0 | 0.00 KM |
| Don Street | £ 65,000 | 0 | 0.00 KM |
| Ossian Crescent | £ 67,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 581a, Wellesley Road, Methil, Leven, KY83PD | £ 24,000 | BUY | 5 / 10 | 0.00 KM |
| 581a, Wellesley Road, Methil, Leven, KY83PD | £ 20,000 | BUY | 5 / 10 | 0.00 KM |
| 581a, Wellesley Road, Methil, Leven, KY83PD | £ 23,000 | BUY | 4 / 10 | 0.00 KM |
| Wellesley Road, Methil, Leven, Fife, KY8 | £ 60,000 | BUY | 7 / 10 | 0.06 KM |
| Wellesley Road, Methil, KY8 | £ 55,000 | BUY | Unknown | 0.09 KM |