Queen Street, Alva FK12

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Prime Property Auctions - Glasgow Phone: 0141 376 8640

<ul><li> PRIME NEW LISTING. We are excited to present this tenanted 1-bedroom flat located within a prime location in Alva. Home Report £70,000.</li></ul> <br/> <br/><ul><li> *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.*</li></ul> <br/> <br/><ul><li> 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.</li></ul> <br/> <br/><ul><li> 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.</li></ul> <br/> <br/><ul><li> 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.</li></ul> <br/> <br/> <br/>PRIME NEW LISTING. We are excited to present this tenanted 1-bedroom flat located within a prime location in Alva. Home Report£70,000. <br/> <br/> <br/> <br/>The property comprises a welcoming entrance hall leading to a comfortable lounge, a well-equipped kitchen, a spacious bedroom, and a modern bathroom. <br/> <br/> <br/> <br/>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. <br/> <br/> <br/> <br/>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. <br/> <br/> <br/> <br/>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. <br/> <br/> <br/> <br/>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. <br/> <br/> <br/> <br/>Excellent sales evidence in the area: <br/> <br/>*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.* <br/> <br/> <br/> <br/>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. <br/> <br/> <br/> <br/>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. <br/> <br/> <br/> <br/>For further details on how to have a bidding account created, please contact the team. <br/> <br/> <br/> <br/>Location <br/> <br/> <br/> <br/>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.