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1 Wilson Street, Alexandria, G83 0EG

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1 Wilson Street, Alexandria, G83 0EG

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£45,000

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Opening Bid

£45,000

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Apartment

Residential

1 Wilson Street, Alexandria, G83 0EG

2

bed

2

bath

1

reception

Council tax: A

freehold

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Discounted Residential Opportunity

Description

  • We are excited to present this 2 bedroom apartment in the sought after area of Alexandria *** Attractive Guide Price **
  • 34 Hill Street, Alexandria, Dunbartonshire G83 0DU previously sold for £120,000 in 2022,  6 Smollett Street, Alexandria, G83 0DS previously sold for £115,700 in 2022
  • For rental purposes, property could achieve £700 p/m - 800   / £8,400 p/a - £9,600 p/a which would provide an exceptional gross yield of 11%- 12% based on a guide price of £75,000. HIGH YIELD POTENTIAL
  • Property offers fantastic capital growth potential. Sure to appeal to homeowners looking for a fantastic new home or to shrewd investors looking for an easily lettable property in a sought after location.
  • Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.
We are excited to present this excellent 2 bedroom property in  Alexandria Attractive Guide Price Property comprises:Entrance Hallway, Kitchen 1, Kitchen 2, Shower Room 1 , Bedroom 1, Livingroom/bedroom 2,  Shower Room 2. Property is in READY WALK-IN CONDITION and is PRICED FOR FAST AUCTION SALE!  The local area has shown some great sales evidence recently showing there is strong demand: 34 Hill Street, Alexandria, Dunbartonshire G83 0DU previously sold for £120,000 in 2022,  6 Smollett Street, Alexandria, G83 0DS previously sold for £115,700 in 2022 Property offers Fantastic Capital growth potential. Sure to appeal to homeowners looking for a fantastic new home or to shrewd investors looking for an easily lettable property in a sought after location. For rental purposes, property could achieve £700 p/m - 800   / £8,400 p/a - £9,600 p/a which would provide an exceptional gross yield of 11%- 12% based on a guide price of £75,000. HIGH YIELD POTENTIAL Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities. Potential to be converted back into a 3 bed flat,  and potential to be used as a serviced accommodation with similar properties in the area renting at £90 per night. This could provide an annual gross return of £23,000 a year based on a 70% occupancy, which could provide an exceptional gross yield if achieved for the Guide Price.. This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website. This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location

Wilson Street in Alexandria is ideally situated in a suburban area that offers a mix of residential living and easy access to local amenities. The location benefits from its proximity to the picturesque banks of the River Leven, providing opportunities for outdoor activities and scenic walks. Residents can enjoy access to nearby shops, schools, and parks, creating a family-friendly environment. The area is well-connected by public transport, with nearby train and bus services facilitating quick travel to nearby towns and cities. Additionally, Alexandria's rich historical background and vibrant community make it an appealing place to live for a diverse range of individuals and families.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.