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See how verdicts work2-bedroom flat · KY1 2BE
Listing removedListed 66 days
Opportunity summary
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About
Susan Morton at Morton Napier is delighted to market this immaculate second floor flat with the wow factor.
Located in this desirable private residential development built by Penman Homes to a high standard.
Situated just off St Clair Street with its varied amenities and close to the A92 link road to the M90 allowing for easy commuting.
Whilst the town centre with its amenities, both mainline rail and bus stations, promenade and foreshore, Adam Smith Theatre and 3 local parks are just a short distance away.
Tastefully presented accommodation comprising: Hallway, lounge, dining kitchen, 2 double bedrooms with built-in wardrobes and modern shower room.
Gas central heating, double glazing, security entry phone system and oak hardwood doors and finishing throughout. Allocated parking space.
Entrance Entrance to the property is via a security entrance door which opens into the internal stairwell with number 42 is located on the second floor and entered via a main door, which opens into the hallway.
Hallway The hallway allows access into all the accommodation and incorporates two built-in cupboards.
Wood effect laminate flooring, ceiling lighting, radiator, security entry phone system and ample power points.
Lounge (16' 4'' x 11' 1'' (4.97m x 3.38m)) The lounge features a front facing window and has ample space for furniture. Fitted carpet, coved ceiling with lighting, radiator and ample power points.
Oak door leading into the hallway.
Dining Kitchen (16' 4'' x 9' 4'' (4.97m x 2.84m)) The dining kitchen features a front facing window and incorporates both wall and floor mounted units including a built-in electric oven and gas hob with extractor fan over, built-in space for a washing machine and dishwasher with work surfaces over including a co-ordinating fixed table and a sink unit.
Space for a fridge/freezer. Wood effect laminate flooring, ceiling lighting, radiator, wall mounted central heating boiler and ample power points. Oak door leading into the hallway.
Bedroom 1 (11' 0'' x 9' 9'' (3.35m x 2.97m)) This bedroom features a rear facing window and a built-in wardrobe with double mirrored sliding doors.
Fitted carpet, ceiling lighting, radiator and ample power points. Oak door leading into the hallway.
Bedroom 2 (11' 0'' x 9' 4'' (3.35m x 2.84m)) This bedroom features a rear facing window and a built-in wardrobe with double mirrored sliding doors.
Fitted carpet, ceiling lighting, radiator and ample power points. Oak door leading into the hallway.
Shower Room (7' 2'' x 5' 7'' (2.18m x 1.70m)) The refurbished shower room incorporates a low flush wc and a wash hand basin within fitted vanity furniture, and a double shower cubicle with wall mounted shower and raindrop shower over.
Tiled effect flooring, ceiling lighting, radiator and extractor fan. Oak door leading into the hallway.
Extras Included Floor coverings, window blinds, light fittings, built-in electric oven and gas hob with extractor fan over.
Nb – the bed and furniture in bedroom1, fridge/freezer, washing machine, dishwasher and tumble dryer are for sale by private negotiation. Factoring Fee There is a monthly factoring fee of approx.
£150 which includes the buildings insurance, cleaning and light of the stair well, and upkeep of the garden ground. Parking There is a designated parking space together with ample visitors parking.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 42, Binney Wells, Kirkcaldy
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