Terraced house for sale in Ednam Drive, Glenrothes KY6

Tenanted 3 bedroom mid-terrace investment property in Glenrothes. This 2 storey property was built circa 1965 with the ground floor comprising an entrance hall, spacious lounge, dining room with porch off, and kitchen. The first floor has a landing, three bedrooms, a family bathroom, and a separate WC. The property benefits from having gas central heating, double glazing, private gardens, and is fully compliant for the rental market.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since February 2022 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,000 representing an immediate yield of 7.6%. A future tenancy could generate an increased yield of 9.6%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £85K. Glenrothes is a town in Fife with a population of approximately 40,000. It is approximately 30 miles north of Edinburgh and 30 miles south of Dundee.