2 Bed Flat, Single Let, Alloa, FK10 1LQ, £92,000

7 St. Mungos Wynd, Alloa, FK10 1LQ - 1 views - 6 months ago

BTL
ROI: 9%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£40K - £121K

 

 

Square Metres

~68.11 m²

Value Estimate

£89,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,000

Stamp Duty & Legal Fees

£3,960

Total Cash In

£26,960

 

 

Cash Out

 

Rent Range

£575 - £850

Rent Estimate

£650

Running Costs/mo

£438

Cashflow/mo

£213

Cashflow/yr

£2,550

ROI

9%

Gross Yield

8%

Local Sold Prices

28 sold prices from £40K to £121K, average is £84.2K.

PriceDateDistanceAddressBeds 
£95K04/210 mi6, St. Mungos Wynd, Alloa FK10 1LQ2
£55.8K02/210.14 mi27, Bank Street, Alloa, Clk FK10 1HZ2
£121K04/210.16 mi52, Delaney Court, Alloa FK10 1RB2
£120.3K08/210.16 mi42, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£97.5K07/210.16 mi12, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£55.5K04/210.2 mi17, Candleriggs Court, Alloa FK10 1EQ2
£100K02/210.21 mi14, Colville Gardens, Alloa, Clackmannanshire FK10 1DU2
£71.5K08/210.26 mi22, Tulligarth Park, Alloa, Clackmannanshire FK10 2DD2
£40K11/210.27 mi67d, Mill Street, Alloa, Clackmannanshire FK10 1DX2
£105K09/210.34 mi1, Kellie Place, Alloa, Clackmannanshire FK10 2DW2
£96K07/210.4 mi21, Shire Way, Alloa FK10 1NQ2
£87.1K07/210.41 mi6, Medwyn Place, Alloa, Clackmannanshire FK10 1NG2
£85K05/210.48 mi9a, Tullibody Road, Alloa, Clackmannanshire FK10 2LN2
£74K05/210.52 mi7, Shaftesbury Street, Alloa, Clackmannanshire FK10 2LU2
£102K06/210.53 mi38, Mitchell Crescent, Alloa, Clackmannanshire FK10 1NN2
£106.1K06/210.61 mi32, Balfour Street, Alloa, Clackmannanshire FK10 1RU2
£73K10/210.61 mi27, Balfour Street, Alloa FK10 1RU2
£95.5K09/210.65 mi15, Henderson Avenue, Alloa, Clk FK10 2NE2
£83.3K08/210.69 mi8, Duncanson Avenue, Alloa FK10 2NF2
£55K02/211.29 mi24, Gartmorn Road, Sauchie FK10 3NX2
£65.5K05/211.36 mi1, Sprotwell Terrace, Sauchie, Alloa, Clackmannanshire FK10 3LD2
£70.2K07/211.38 mi8, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2
£62K03/211.38 mi44, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2
£60K10/211.76 mi8, Manse Terrace, Clackmannan FK10 4JZ2
£91K10/211.9 mi1, The Poplars, Tullibody FK10 2XG2
£88K08/211.91 mi10, The Poplars, Tullibody, Alloa, Clackmannanshire FK10 2XG2
£70K12/211.98 mi28, The Bryony, Tullibody FK10 2XB2
£70K10/212 mi4, Craigrie Terrace, Clackmannan, Clackmannanshire FK10 4ER2

Local Rents

14 rents from £575/mo to £850/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£65004/240.14 miBurgh Mews, Alloa2
£75004/240.14 miDelaney Court, Alloa2
£65003/240.2 miCandleriggs Ct, Alloa2
£72510/230.26 miTulligrath Park, Alloa2
£69501/240.26 mi-2
£57503/240.26 mi-2
£65006/230.27 mi-2
£85005/240.35 miCaledonian Road, Alloa2
£80004/240.49 miOld Brewery Lane, Alloa2
£85005/240.49 miOld Brewery Lane, Alloa2
£75008/230.59 mi-2
£80009/240.61 mi-2
£75009/230.61 mi-2
£80001/250.61 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £92,000

September 30, 2024

Floor Plans

Description

  • WELL MAINTAINED GROUND FLOOR FLAT SITUATED WITHIN THE POPULAR TOWN OF ALLOA +
  • EASY WALKING DISTANCE TO TOWN CENTRE AND SUPERMARKETS +
  • ENTRANCE HALLWAY +
  • LOUNGE WITH MEZZANINE +
  • DOUBLE BEDROOM +
  • FAMILY BATHROOM CLOAK ROOM +
  • MODERN ELECTRIC WET HEATING SYSTEM DOUBLE GLAZING EPC - D COUNCIL TAX BAND - B +
  • COMMUNAL FRONT GARDEN +
  • RESIDENTS ALLOCATED PARKING SPACE TO THE REAR OF THE PROPERTY. +

Well maintained ground floor flat situated within the popular town of Alloa.
Easy walking distance to town centre and supermarkets.

The property comprises: entrance hallway, lounge, modern fitted kitchen, downstairs bathroom, double bedroom with mezzanine above, second double mezzanine bedroom with en-suite. The property is heated by a modern electric wet heating system and is double glazed throughout. Further benefiting the property is a communal garden area to the front of the property. Residents allocated parking space to the rear of the property.

Alloa is a town within the county of Clackmannanshire, approximately 6 miles from the city of Stirling and 8 miles from Falkirk. Alloa is an ideal town for commuting to larger cities such as Glasgow and Edinburgh using the rail service or Clackmannanshire Bridge leading onto major motorways. The town centre has many shops, restaurants, pubs and supermarkets all within easy reach and benefits from a well serviced bus route throughout the county. There are a wide range of educational facilities with various nursery, primary and secondary schools as well as the recently refurbished college. Stirling University can be easy reached with a direct bus. Sporting facilities include a leisure centre, local football stadium, cricket club, bowling club and golf course.

Agent Details

PRIMROSE PROPERTIES, Alloa

01259 235968

Next Steps?

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