2 bedroom flat for sale

A fantastic opportunity to acquire a tenanted 2-bedroom ground floor flat in the established residential area of Glenrothes. Situated on the ground floor of a three-storey detached block comprising nine flats in total, this property is being sold with the tenants in situ, offering immediate rental income from day one. This well-maintained flat benefits from a reliable tenant and is a great addition to any portfolio. The property also benefits from having double glazing, gas central heating, and being 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 long-term tenant has been resident since March 2022, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £5,400, which represents an immediate yield of 10%. The rental will increase to £525pm from February 2026 to create a yield of 12%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £55K.

Glenrothes is a well-established town in central Fife, offering a strong rental market thanks to its affordable property prices, excellent transport links, and growing local economy. With major employers in manufacturing, retail, and public services, the town attracts a steady population of tenants, including professionals, families, and key workers. Its proximity to both Edinburgh and Dundee, along with a range of local amenities, schools, and green spaces, makes Glenrothes an appealing and practical location for buy-to-let investors seeking reliable rental income and long-term growth potential.