79D Queen Street, Alva, FK12 5AH

Description

• PRIME NEW LISTING. We are excited to present this tenanted 1-bedroom flat located within a prime location in Alva. Home Report £70,000.

• **92a, Queen Street, Alva FK12 5AH sold for £85,000 in 2023. 3, Coblecrook Gardens, Alva FK12 5BN sold for £100,000 in 2023. 20, Scott Court, Alva FK12 5LZ sold for £92,000 in 2023.**

• Currently yielding £475 per month, this property generates £5,700 annually, providing a remarkable 10% annual yield. It's a fantastic turn-key investment for savvy buyers.

• The flat is in exceptional condition, located in a sought-after area with excellent transport links and local amenities. There is potential for increased rental income, as the area's market ranges from £6,000 to £6,500 per annum. This presents a lucrative opportunity for investors interested in high rental returns and capital growth.

• As a serviced accommodation unit, the property could achieve £90 per night based on local comparables, translating to an impressive £22,995 annually at a 70% occupancy rate. An exceptional chance for those looking to maximise income potential.

PRIME NEW LISTING. We are excited to present this tenanted 1-bedroom flat located within a prime location in Alva. Home Report£70,000.

The property comprises a welcoming entrance hall leading to a comfortable lounge, a well-equipped kitchen, a spacious bedroom, and a modern bathroom.

Currently yielding £475 per month, this property generates £5,700 annually, providing a remarkable 10% annual yield. It's a fantastic turn-key investment for savvy buyers.

The flat is in exceptional condition, located in a sought-after area with excellent transport links and local amenities. There is potential for increased rental income, as the area's market ranges from £6,000 to £6,500 per annum. This presents a lucrative opportunity for investors interested in high rental returns and capital growth.

As a serviced accommodation unit, the property could achieve £90 per night based on local comparables, translating to an impressive £22,995 annually at a 70% occupancy rate. An exceptional chance for those looking to maximise income potential.

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.

Excellent sales evidence in the area:

**92a, Queen Street, Alva FK12 5AH sold for £85,000 in 2023. 3, Coblecrook Gardens, Alva FK12 5BN sold for £100,000 in 2023. 20, Scott Court, Alva FK12 5LZ sold for £92,000 in 2023.**

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

Alva is a charming town nestled at the foot of the Ochil Hills in Scotland. Known for its scenic beauty and rich history, Alva offers excellent transport links and local amenities, making it a sought-after residential area.

Map

Need help funding this purchase?

Virtual Tour

Play Video: 79D Queen Street, Alva, FK12 5AH

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.