This property was purchased on the open market pre-covid for £128,000. The sale stalled due to the first lockdown. During Renegotiations when the market opened again in July 2020 the price was reduced to the final purchase price.
This property is 2 Bedroom First Floor Flat. It was in need of modernization.
home report value of £120,000. It was secured for 30% below market value.
This property was purchased on the open market. It was owned within a company and the seller was looking to downsize their portfolio. A further discount was negotiated due to communal roof repairs issues and pointing being required. During conveyancing car parking spaces were discovered behind the property which added value.
One of the residential developments we carried out. Noma Investments purchased this 3 bedroom mid terrace ex local authority house in the popular commuter town of Inverkeithing in November 2016. We purchased the property for £70,000.
©Stevenclark 2022
