1 bedroom flat for sale

• 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.