Gladstone Cottage, Station Road, Leven KY8 4QU

Two Bedroom Ground Floor Bungalow

A well-presented two-bedroom ground floor extended bungalow with garden grounds, situated on a backland site surrounded by various residential properties offering bright, spacious accommodation throughout, making it an excellent opportunity for investors, landlords or owner-occupiers.

Accommodation Additional benefits include gas central heating, double glazing, modern internal doors, neutral décor and private front and rear access. The property also enjoys a private garden area and good storage.

Presented in walk-in condition with neutral finishes throughout, the property is ready for immediate occupation or letting and offers strong rental potential.

Situated within an established residential area, the property is conveniently located for local amenities, schools, public transport links and road networks, providing easy access to nearby town centres and commuting routes.
Location Leven is a coastal town on the shores of the Firth of Forth and forms part of the Levenmouth area which has a resident population in the region of 25,000 persons. 

There are good road links to the area with the A92 link road approximately 12 km (7.5 miles) from the subject property. This link provides dual carriageway access to the Scottish motorway network.

There is also a regular bus service to the area and surrounding centres of employment.
The town of Leven has also benefited from the recent opening of a railway station and link and as such provides good transport, shopping and educational facilities.
The subjects are located within a mixed residential and commercial area and are set on a back land site with pedestrian access only. A range of local amenities is available in the general area, including the nearby town centre.
Buyers Fee There are no buyer's fees on this lot.

Note Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure: Freehold

EPC Rating: D

Terms:
Viewings:
To book a viewing, please contact Shepherd Commercial Property Auctions to arrange.
Auction Method:
This auction is for property located in Scotland; therefore, any sale will be governed by applicable Scottish law.
This property is being sold by Shepherd Commercial Property Auctions, facilitated by BTG Eddisons Property Auctions as auctioneer.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to the Shepherd Buyers Terms (Scotland) which are available to view on Shepherd Commercial Auctions website.
Auction Type - Unconditional Sale
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the legal pack state otherwise.

Auction Fees
The following non-refundable fees apply:
Buyers Fee- payable on exchange of contracts. This is listed within the property details.
The Buyers Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the legal pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the sellers discretion and will be in addition to any standard fees payable. The auctioneer has limited control over the content of the Special Conditions of Sale.

Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 10% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
The legal pack can be viewed via Shepherd Commercial Auctions website by searching for the property. Once on the property details page, find the Lot Information section, where there is a sub-heading "Legal pack". Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. An addendum may be issued outlining any late changes. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Articles of Roup
The Articles of Roup are the general terms of sale for properties sold at auction in Scotland that will govern this transaction. They are available to view on Shepherd Commercial Auctions website.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of the standard Shepherd Buyers Terms (Scotland). The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, visit the Shepherd Commercial Auctions website and submit your remote bid. The lot number can be found against the Lot Details of the property. Prospective bidders must register no later than 12pm the day before the auction date. If you register after the cut-off, it cannot be guaranteed that your registration will be processed.

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.