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See how verdicts work2-bedroom flat · KY5 9QQ
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Independently valued by chartered surveyors (RICS) at £55,000 Key Features - Independently Valued at £55,000 - Two-Bedroom First-Floor Flat - Approximately 59m2 of Accommodation - Living Room, Kitchen and Bathroom - Gas Central Heating via Combination Boiler - UPVC Double-Glazed Windows - Communal Grounds to Side and Rear - Central Lochgelly Location Close to Shops and Transport Links - Council Tax Band B - EPC Rating C (72) Situated in the heart of Lochgelly, 34A Bank Street is a spacious two-bedroom first-floor flat offering approximately 59m2 of accommodation and an excellent opportunity for investors or owner-occupiers seeking an affordable property in a well-connected location.
The accommodation comprises a welcoming entrance hallway, a bright living room, fitted kitchen, two well-proportioned bedrooms and a bathroom with WC.
The property further benefits from gas central heating, UPVC double glazing and access to communal grounds to the side and rear.
Positioned above a public house and within easy walking distance of local shops, amenities and transport links, the property is conveniently located for everyday living and commuting throughout Fife and beyond.
Offered for sale at Offers Over £38,000, with a £4,000 Buyer's Fee, this property presents a competitively priced opportunity to acquire a two-bedroom flat in a central Lochgelly location.
The Home Report provides an independent valuation of £55,000, and the property benefits from an EPC Rating of C (72).
Notes for purchaser Please note that these particulars have been prepared by us based on information provided by our client and RICS surveyor.
If there is any aspect of these particulars that you wish to clarify, or that you believe may be misleading, please contact our office, where further information will be made available.
Properties being sold by FastMove Property may be subject to a Buyer's Premium, calculated as a percentage of the purchase price.
Where applicable, full details of the Buyer's Premium will be provided to prospective purchasers on application and prior to proceeding with the purchase.
Certain properties being sold by FastMove Property may be subject to the provisions of Section 21 of the Estate Agents Act 1979 where FastMove Property, its owners, directors or an associated company has a personal or financial interest in the property.
Where Section 21 applies, the nature and extent of the relevant interest will be disclosed to prospective purchasers prior to negotiations.
FastMove Property is a fast-sale estate agency and operates in a similar manner to mmoa. * No tests have been made of services, equipment or fittings.
* No warranty is given or implied as to the condition of the buildings, services, fixtures, fittings or other items. * All measurements, distances and areas are approximate.
* Fixtures, fittings and other items are not included unless specifically stated within these particulars. Copyright This material is protected by copyright law.
The owner of the copyright is FastMove Property. The property particulars form part of our database and are protected by copyright and database rights.
No unauthorised copying, reproduction or distribution is permitted without the prior written permission of FastMove Property.
Properties being sold by FastMove Property may be subject to a Buyer's Premium, calculated as a percentage of the purchase price.
Where applicable, further details will be provided on application and prior to proceeding with the purchase.
Cybercrime warning Please be aware that there is a significant risk of cyber fraud, particularly affecting email accounts and bank account details.
Our bank account details will not change during the course of A transaction and we will not change our bank details via email.
If you are in any doubt regarding bank account details, please verify them with us directly using a trusted contact method or in person before making any payment.
FastMove Property will not accept responsibility for payments made to an incorrect bank account where the payment has not been independently verified with us.
Money laundering regulations Intending purchasers will be required to provide identification documentation at the appropriate stage of the transaction.
We ask for your full co-operation in providing the necessary identification promptly to avoid any delay in agreeing or progressing the sale. Council Tax Band: B
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 34A Bank Street, Lochgelly
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