1 bed flat for sale

14F Ashley Terrace, Alloa FK10

• Prime new listing. We are excited to present this tenanted 1-bedroom second-floor flat located within a prime location in Alloa. ***home report £55,000***

• ***Sales Evidance***50, Shaftesbury Street, Alloa FK10 2LT sold for £80,000,94, Nevis Crescent, Alloa FK10 2BN sold for £83,000,2023,86a, Hill Street, Alloa FK10 2LW sold for £88,000,2023.

• The property currently generates £450 per month, equating to £5,400 per year, producing a fantastic rental yield of 13%, making it a highly attractive investment.

• This is a turnkey investment, perfect for an investor seeking a hands-off opportunity with recurring monthly income from day one.***Market rent is £595 (£7,140 P/A)***

• Situated in a great location, this property offers an excellent buy-to-hold opportunity, providing rental income now and promising potential for capital and rental growth in the future.

Prime new listing. We are excited to present this tenanted 1-bedroom second-floor flat located within a prime location in Alloa.

The property comprises an inviting entrance hall, a cosy lounge, a well-equipped kitchen, a bathroom, and a spacious bedroom.

The property currently generates £450 per month, equating to £5,400 per year, producing a fantastic rental yield of 13%, making it a highly attractive investment.

This is a turnkey investment, perfect for an investor seeking a hands-off opportunity with recurring monthly income from day one.***Market rent is £595 (£7,140 P/A)***

Currently managed by a Letting agent. The seller will not be liable for any of the common works or major repairs which are intimated, proposed, instructed, or carried out prior to the date of entry.

Situated in a great location, this property offers an excellent buy-to-hold opportunity, providing rental income now and promising potential for capital and rental growth in the future.

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:

50, Shaftesbury Street, Alloa FK10 2LT sold for £80,000,2023

94, Nevis Crescent, Alloa FK10 2BN sold for £83,000,2023

86a, Hill Street, Alloa FK10 2LW sold for £88,000,2023

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

Alloa is a vibrant town in Clackmannanshire, Scotland, known for its rich history and community spirit. With excellent transport links and ample amenities, it's a wonderful place to invest and live.

Read full description