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36 Wilson Street, Alexandria, G83 0EF

£35,000

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Flat

Residential

36 Wilson Street, Alexandria, G83 0EF

1

bed

1

bath

1

reception

Incredible BRRR Oppurtunity

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Floorplan

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Deadline for offers

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Description

  • PRIME NEW LISTING. We are excited to present this BRRR opportunity, this vacant 1-bedroom flat located within a prime location in Alexandria.

  • **Flat G/1, 18, Wilson Street, Alexandria, G83 0EF sold for £92,150 in August 2024. Flat 2, 50, Wilson Street, Alexandria, G83 0EF sold for £88,000 in December 2024.**

  • This excellent BRRR opportunity, once fully renovated, could command a rental income of £700 to £800 PCM, equating to £8,400 to £9,600 per annum. This potential income provides an exceptional gross yield of 24% to 27.4% if secured at guide price.

  • The property requires full renovation and offers fantastic capital growth potential. It is sure to appeal to homeowners seeking a fantastic new home or shrewd investors looking for a BRRR project in a sought-after location.

  • Situated close to a wealth of local amenities, including restaurants and coffee shops, and near schools with easily accessible public transport, this property promises convenience and vibrant locality.

PRIME NEW LISTING. We are excited to present this BRRR opportunity with a vacant 1-bedroom flat located within a prime location in Alexandria.

The property comprises a welcoming hallway entry, a spacious living room ideal for relaxation, a well-equipped kitchen, and one very spacious bedroom promising comfort.

This excellent BRRR opportunity, once fully renovated, could command a rental income of £700 to £800 PCM, equating to £8,400 to £9,600 per annum. This potential income provides an exceptional gross yield of 24% to 27.4% if secured at guide price.

The property requires full renovation and offers fantastic capital growth potential. It is sure to appeal to homeowners seeking a fantastic new home or shrewd investors looking for a BRRR project in a sought-after location.

Situated close to a wealth of local amenities, including restaurants and coffee shops, and near schools with easily accessible public transport, this property promises convenience and vibrant locality.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

The purchase of the property is strictly subject to the contents of the Legal Pack. Any bid submitted shall be deemed binding and made in full acceptance of, and compliance with, all terms, conditions, and information contained within the Legal Pack, which is available for inspection upon request.

Excellent sales evidence in the area:

**Flat G/1, 18, Wilson Street, Alexandria, G83 0EF sold for £92,150 in August 2024. Flat 2, 50, Wilson Street, Alexandria, G83 0EF sold for £88,000 in December 2024.**

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

Alexandria is a charming town nestled in the heart of Scotland. Boasting beautiful landscapes and a rich history, it's a desirable area with excellent transport links, schools, and a variety of amenities that cater to all lifestyle needs.

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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.