3 Bed Flat, Single Let, Alloa, FK10 3RN, £79,950

Hutton Park, Alloa, FK10 3RN - 1 views - 4 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£53K - £263.5K

 

 

Square Metres

~93 m²

Value Estimate

£73,875

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£3,599

Total Cash In

£23,586

 

 

Cash Out

 

Rent Range

£500 - £950

Rent Estimate

£450

Running Costs/mo

£360

Cashflow/mo

£90

Cashflow/yr

£1,082

ROI

5%

Gross Yield

7%

Local Sold Prices

28 sold prices from £53K to £263.5K, average is £99K.

PriceDateDistanceAddressBeds 
£60.5K12/210.16 mi9a, Clackmannan Road, Alloa, Clackmannanshire FK10 1RR3
£135K05/210.49 mi8, Kellie Place, Alloa, Clackmannanshire FK10 2DW3
£121.6K09/210.49 mi15a, Shaftesbury Street, Alloa, Clackmannanshire FK10 2LU3
£125K09/210.52 mi7, Pompee Road, Sauchie, Alloa, Clackmannanshire FK10 3BX3
£204K07/210.56 mi2, Coningsby Place, Alloa, Clackmannanshire FK10 1DR3
£75K07/210.73 mi27, Sprotwell Terrace, Sauchie, Alloa, Clackmannanshire FK10 3LB3
£108K11/210.86 mi18, Carpenters Wynd, Alloa, Clackmannanshire FK10 1LY3
£73.5K12/211.78 mi36, Zetland Street, Clackmannan, Clackmannanshire FK10 4ES3
£240K12/211.85 mi3, King James Drive, Tullibody FK10 2UN3
£260.1K12/211.99 mi49, Keirfold Avenue, Tullibody, Alloa FK10 3BE3
£263.5K05/212.14 mi17, Delph Road, Tullibody FK10 2RH3
£260K11/212.16 mi3, Woodhead Place, Coalsnaughton, Tillicoultry, Clackmannanshire FK13 6LQ3
£60.4K02/212.41 mi52a, Queen Street, Alva, Clk FK12 5EJ3
£207.2K08/212.42 mi10, Keir Hardie Road, Alva, Clackmannanshire FK12 5NA3
£87K07/212.48 mi19, Coblecrook Gardens, Alva FK12 5BN3
£64.5K11/212.51 mi28, The Wynd, Alva, Clackmannanshire FK12 5LR3
£77K08/212.54 mi3, St. Serfs Road, Tullibody, Alloa, Clackmannanshire FK10 2RD3
£130K02/212.57 mi8, Beauclerc Street, Alva, Clk FK12 5LD3
£70K10/212.62 mi17, Dovecot Road, Tullibody, Alloa, Clackmannanshire FK10 2QZ3
£61K09/212.74 mi59, Chapelle Crescent, Tillicoultry, Clackmannanshire FK13 6NL3
£55K12/212.74 mi71, Chapelle Crescent, Tillicoultry FK13 6NL3
£53K08/212.74 mi67, Chapelle Crescent, Tillicoultry, Clackmannanshire FK13 6NL3
£55K12/212.75 mi62, Chapelle Crescent, Tillicoultry, Clackmannanshire FK13 6NJ3
£90K09/212.82 mi71a, High Street, Tillicoultry, Clackmannanshire FK13 6AA3
£83.8K08/212.82 mi71b, High Street, Tillicoultry, Clackmannanshire FK13 6AA3
£145K11/212.93 mi26, Upper Mill Street, Tillicoultry, Clackmannanshire FK13 6AP3
£198.5K08/212.94 mi24, Hamilton Street, Tillicoultry, Clackmannanshire FK13 6EL3
£210K06/212.94 mi31, Hamilton Street, Tillicoultry, Clackmannanshire FK13 6EL3

Local Rents

52 rents from £500/mo to £950/mo, average is £720/mo.

RentDateDistanceAddressBeds 
£65003/240.06 mi-2
£65006/240.06 mi-2
£65006/240.06 mi-2
£65005/240.06 miMckinlay Crescent, Alloa, FK102
£80004/240.12 miOld Brewery Lane, Alloa2
£85005/240.12 miOld Brewery Lane, Alloa2
£55004/240.15 miLambert Terrace, Alloa1
£80008/240.17 mi-2
£60004/240.19 miSunnyside Road, Alloa1
£55004/240.28 miNevis Crescent, Alloa1
£55004/240.31 miDrysdale Street, Alloa, FK101
£57502/240.31 mi-1
£50003/240.33 mi-1
£75008/230.35 mi-2
£75009/230.39 mi-2
£80001/250.39 mi-2
£65003/240.41 miCandleriggs Ct, Alloa2
£52504/240.41 miCandleriggs Court, Alloa, FK101
£65004/240.45 miBurgh Mews, Alloa2
£80009/240.48 mi-2
£95004/240.5 miAshley Terrace, Alloa, FK103
£95004/240.5 mi-3
£65006/230.51 mi-2
£69501/240.53 mi-2
£57503/240.53 mi-2
£72510/230.54 miTulligrath Park, Alloa2
£80003/240.56 mi-2
£65004/240.57 miAshley Terrace, ALLOA2
£70004/240.57 miHenderson Avenue, Alloa, Clackmannanshire, FK102
£95003/250.58 mi-3
£95003/250.58 mi-3
£80004/240.61 mi-2
£75004/240.66 miDelaney Court, Alloa2
£67505/240.67 miGartmorn Road, Sauchie2
£72006/230.69 mi-2
£72006/230.69 mi-2
£70003/240.7 mi-2
£79507/240.7 mi-2
£80012/240.7 mi-2
£72007/230.7 mi-2
£58504/240.73 miMain Street, Sauchie, FK102
£72005/230.73 mi-2
£72005/230.73 mi-2
£75011/230.78 mi-2
£70001/240.78 mi-3
£80004/240.8 miBeechwood, Sauchie, Clackmannanshire3
£79707/230.81 mi-1
£80002/240.83 mi-2
£67504/240.83 miSchawpark Av, Sauchie2
£75011/230.84 mi-2
£62504/240.84 miBeechwood, Alloa, Sauchie, FK102
£85005/240.87 miCaledonian Road, Alloa2

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £79,950

December 11, 2024

Floor Plans

Description

  • First Floor Apartment +
  • Well Proportioned Lounge/Dining +
  • Breakfasting Sized Kitchen +
  • Three Bedrooms +
  • Bathroom with Shower over Bath +
  • Gas Central Heating & Double Glazing +
  • Security Intercom Entry System +
  • Private Garden Area to Rear +
  • External Storage Cupboard +
  • Alloa Train Station Appox. 0.4 mile +

First floor three bedroom apartment with security intercom entry system and private garden area to rear. This property is located within walking distance to Alloa railway station (approx. 0.4mile) , Asda (approx. 0.3mile) and Aldi (approx. 0.2mile). A great opportunity for a mixture of buyers including Investors and First time buyers.

Access is gained via a security intercom system into a communal hallway with stairs leading to the first floor apartments and No 11 is located on the right hand side.

On entering the property you gain access into a hallway with doors to the breakfasting kitchen and lounge/dining. Within the hallway there is a cupboard offering space for storage of coats and footwear. A second cupboard houses the electric meter and offers further storage area. Carpet fitted to floor. Window to front allowing natural light into the hallway.

The lounge is spacious in size and offers ample space for lounge and dining furniture. Windows to front and rear allow an abundance of natural light into the room. Carpet to floor. A door opens onto the inner hallway.

Spacious breakfasting kitchen is fitted with wall and floor mounted units. Ample worktop surfaces. Free standing gas cooker (sold as seen). Space and plumbing for washing machine. Sink unit and drainer. Space for table and chairs. Cupboard with shelving offering an ideal larder. Second cupboard offering storage. The boiler is located within the kitchen. Carpet to floor.

From the lounge the inner hallway offers access to three bedrooms and a bathroom. Two cupboards offer further storage within this apartment. Carpet to floor. Hatch to attic space.

Well-proportioned master bedroom with window overlooking the rear. Generous in size and offers ample space for a double bed and free standing furniture. Carpet to floor.

Bedroom two is located to the front of the property and is presently being utilised as a single bedroom. Space for free standing furniture. Fitted cupboard offering storage. Window overlooking the front. Carpet to floor.

The third bedroom offers space for a single bed and free standing furniture. Window to front. Carpet to floor.

Three piece bathroom comprises wc, wash hand basin and bath with electric shower and shower rail above. Partial tiling to walls. Carpet to floor. Window offering natural light and ventilation.

Externally to the rear you will find an enclosed low maintenance garden area laid mostly in gravel belonging to this apartment. Communal pathway offers access to a gate opening onto a car park. Within the car park area there is an external storage cupboard which belongs to the flat.

The property benefits from gas central heating and double glazing. Our client has advised that a new roof was fitted in 2021.

Extras include all floor coverings and blinds.

EPC - C

Council Tax - B

Viewings Strictly by appointment

360 Video walk through & Home Report available on request.

Alloa offers a good range of local amenities including, eateries, supermarkets, golf course, doctors, dentists, beauticians, health centre, hairdressers, primary and secondary schooling. Railway and bus stations (approx. 0.4 mile from the property). Greenfield & West End Parks. Alloa Waggonway offering pathway for walking and running. Nearby road network offers access to M876 motorway, providing links to the M9 & M80 to Edinburgh (approx. 32.6 miles), Glasgow (33.1 miles) and Stirling (approx. 8.6 miles)

Agent Details

Harley Estate Agents, Covering Scotland

07938 566969

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪