Rosshead House Heather Avenue, Alexandria, G83 0TJ

Description

• We are excited to bring to market this exceptional 10 Bedroom HMO, located within a prime location in Alexandria, Dumbartonshire 

• Heather avenue, Alexandria, G83 0TJ Previously sold for £450,000. 8 Luss Road, Alexandria, G83 0RH Previously sold for £408,000. 1 Inchcruin, Balloch, Alexandria, G83 8SG Previously sold for £392,500

• Property is currently achieving £3,175.69 p/m (£38,108 p/a), which provides an attractive 11% gross yield if achieved for guide price. Property could potentially achieve £40,000-£45,000p/a.

• Sure to appeal to investor looking for an immediate cash flowing investment in a sought after location with fantastic capital growth potential. 

• Current rent is GUARANTEED on Mears Contract - **HIGH YIELDING INVESTMENT**

Prime Property Auctions is excited to bring to market this exceptional 10 Bedroom HMO located within a prime location in Alexandria, Dumbartonshire 

Property Comprises:Ground floor:Entrance hall, living room, dining area, kitchen, 5 Large double bedrooms. First floor:WC, Bathroom, 5 Large Double bedrooms. Property benefits from ample storage throughout and car parking area to the front. 

Excellent turn-key investment Opportunity. Sure to appeal to investors looking for an already let property in a sought after location with great potential for Capital Growth. The local area has seen some great sales recently showing that there is strong demand. 

Fantastic local sales evidence:

Heather avenue, Alexandria, G83 0TJ Previously sold for £450,000. 8 Luss Road, Alexandria, G83 0RH Previously sold for £408,000. 1 Inchcruin, Balloch, Alexandria, G83 8SG Previously sold for £392,500

This property benefits from guaranteed rental income each month with a 5 year Mears Contract currently in place. GUARANTEED MONTHLY CASH FLOW

High yielding investment property.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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, situated in West Dunbartonshire, Scotland, holds appeal for residents and potential investors for various reasons. The town benefits from its proximity to the breathtaking Loch Lomond, offering residents opportunities for outdoor activities amidst scenic landscapes. Additionally, its nearness to Glasgow provides a balance between a quieter lifestyle in a smaller town and access to the amenities and opportunities of a major city. Alexandria fosters a close-knit community atmosphere, and the historical significance of Dunbartonshire adds to the town's charm. For families, the presence of quality education facilities is a significant draw. Furthermore, there may be investment opportunities in both residential and commercial property, particularly in areas with anticipated growth or development plans. As with any decision, it's crucial to stay informed about current economic and social conditions for a comprehensive understanding of the region's desirability.

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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.