- Prime Property Auctions is excited to bring to market this exceptional 10 Bedroom HMO located within a prime location in Alexandria, Dumbartonshire - ***Guide Price £360,000***
- ***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 £3,062 p/m (£36,748 p/a), which provides an attractive 10% gross yield based on a guide price of £360,000.
- Sure to appeal to investor looking for an immediate cash flowing investment in a sought after location with fantastic capital growth potential. ***Excellent 10% yield based on a guide price of £360,000***
- Current rent is GUARANTEED for 5 years on a 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 - ***Guide Price £360,000***
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.
Sure to appeal to investor looking for an immediate cash flowing investment in a sought after location with fantastic capital growth potential. ***Excellent 10% yield based on a guide price of £360,000***
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. The tenants are currently 6 months into this contract. ***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 breath-taking 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.
