Flat for sale in Gardiner Street, Lochgelly, Fife KY5

Three bedroom flat
New to auction is this spacious three bedroom ex Local Authority flat, enjoying preferred first floor position in Gardiner Street, approximately 1⁄2 mile from Lochgelly town centre. The accommodation comprises bright lounge, kitchen, three bedrooms and bathroom. Some degree of refurbishment is required which offers and excellent opportunity to add value through works. The competitive Guide Price offers an attractive 29% discount against Home Report, and rental investors could enjoy outstanding rental returns, with three bed lha figures showing £6881 per annum. The currently strong rental market would suggest that even greater returns may be available. We expect good levels of demand from both investors and owner/occupiers, and early viewing is strongly recommended. Council Tax Band: A.

Lochgelly is located close to the A92, approx. 12 miles from the Forth Road Bridge, for swift access to commuter routes into Edinburgh, and around 8 miles from Dunfermline, for larger retail and supermarket shopping. The railway station to the north of the town also connects to Edinburgh, with a journey time of just over 50 minutes into Edinburgh Waverley. Lochgelly lies just south of the Lomond Hills Regional Park, which covers a vast area with many access points, and has a large network of paths. There is open parkland within walking distance, and two golf courses nearby, the club within Lochgelly itself, and the course nearby at Cowdenbeath, with many others throughout Fife. Lochgelly has two schools, the South Primary, and secondary schooling at the High School.

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