This property is no longer on the market
2 bedroom semi-detached bungalow
Key information
Property description & features
- Status: Available
- Type: House
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 16 May 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
IDEAL INVESTMENT OPPORTUNITY 4 Bed semi detached property - POTENTIALLY HIGH YIELD INVESTMENT *RICS HOME REPORT VALUE OF £290,000* affluent semi rural location in Macmerry, East Lothian. FREEHOLD Realistic Rents in the area for a 4 bed house in this location could be up to £2500pcm, giving an income of £30,000pa which would give an *EXCELLENT YIELD*OF OVER 14% if achieved for the guide price. Realistic Rents in the area for a 4 bed house in this location could be up to £2500pcm, giving an income of £30,000pa which would give an *EXCELLENT YIELD*OF OVER 14% if achieved for the guide price. PROPERTY CONSISTS OF:- entrance hallway, living room, dining room, kitchen, 4 bedrooms, family bathroom, shower room with W.C. LOCAL SALES EVIDENCE:- 34, The Christies, Macmerry, sold for £354,995 Mar 2024;10, The Christies, Macmerry, sold for £325,000 Mar 2024; 5, Mountfair Gardens, Macmerry, sold for £289,995, 7 Aug 2024 Double glazing, oil-fired central heating and private rear garden. Total Floor Area 128m² Council Tax - Band F. Oil fired Central Heating. Double Glazed Windows *IDEAL INVESTMENT OPPORTUNITY* Well suited for residential investors & property developers. May benefit from some upgrading. Further benefits from a Garden room/dining with patio doors to the garden, Private garden grounds, Ample on street parking Spacious traditionally built, four-bedroom semi-detached bungalow providing flexible accommodation in the tranquil East Lothian village of Macmerry Tranent. The property is presented in good clean condition throughout but may now benefit from some upgrading. The location provides practicality of easy city centre commuting with easy access to the Scottish road and rail network. There are private garden grounds to the side and rear which would make the ideal space for outside entertaining. There is ample on-street parking directly outside the front door and in the surrounding streets. Superb main street location. Flexible accommodation with good sized rooms. Entrance hallway with store cupboard and loft access. Spacious living room with front facing window. Garden room/dining with window and patio doors to the garden. Fitted kitchen with a range of base and wall units, electric cooker, extractor, sky light and a door to the rear garden. Bedroom one with front facing window. Bedroom two with window to the front. Bedroom three with roof window. Bedroom four with rear facing window and store cupboard. Family bathroom with three-piece white suite. Rear hall with access to the rear and store cupboard. Shower room off the rear hall, shower cubicle with electric shower, wc and sink. Double glazing and oil-fired central heating. Private garden grounds to the side and rear. Ample on street parking to the front and the surrounding streets.
Auction Details
16 May 2024, 10am-3pm
Timed Online Auction
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