2 Bed Flat, Single Let, Alloa, FK10 1DU, £114,950

25 Colville Gardens, Alloa, FK10 1DU - 1 views - 3 months ago

Sold STC
BTL
ROI: 5%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£40K - £121K

 

 

Square Metres

~68.11 m²

Value Estimate

£100,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,738

Stamp Duty & Legal Fees

£4,649

Total Cash In

£33,386

 

 

Cash Out

 

Rent Range

£575 - £850

Rent Estimate

£650

Running Costs/mo

£509

Cashflow/mo

£141

Cashflow/yr

£1,689

ROI

5%

Gross Yield

7%

Local Sold Prices

27 sold prices from £40K to £121K, average is £85K.

PriceDateDistanceAddressBeds 
£100K02/210.01 mi14, Colville Gardens, Alloa, Clackmannanshire FK10 1DU2
£71.5K08/210.1 mi22, Tulligarth Park, Alloa, Clackmannanshire FK10 2DD2
£105K09/210.14 mi1, Kellie Place, Alloa, Clackmannanshire FK10 2DW2
£55.8K02/210.2 mi27, Bank Street, Alloa, Clk FK10 1HZ2
£55.5K04/210.21 mi17, Candleriggs Court, Alloa FK10 1EQ2
£40K11/210.22 mi67d, Mill Street, Alloa, Clackmannanshire FK10 1DX2
£95K04/210.22 mi6, St. Mungos Wynd, Alloa FK10 1LQ2
£121K04/210.23 mi52, Delaney Court, Alloa FK10 1RB2
£120.3K08/210.23 mi42, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£97.5K07/210.23 mi12, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£85K05/210.27 mi9a, Tullibody Road, Alloa, Clackmannanshire FK10 2LN2
£74K05/210.31 mi7, Shaftesbury Street, Alloa, Clackmannanshire FK10 2LU2
£87.1K07/210.41 mi6, Medwyn Place, Alloa, Clackmannanshire FK10 1NG2
£96K07/210.44 mi21, Shire Way, Alloa FK10 1NQ2
£95.5K09/210.44 mi15, Henderson Avenue, Alloa, Clk FK10 2NE2
£83.3K08/210.48 mi8, Duncanson Avenue, Alloa FK10 2NF2
£102K06/210.48 mi38, Mitchell Crescent, Alloa, Clackmannanshire FK10 1NN2
£106.1K06/210.53 mi32, Balfour Street, Alloa, Clackmannanshire FK10 1RU2
£73K10/210.53 mi27, Balfour Street, Alloa FK10 1RU2
£55K02/211.13 mi24, Gartmorn Road, Sauchie FK10 3NX2
£65.5K05/211.18 mi1, Sprotwell Terrace, Sauchie, Alloa, Clackmannanshire FK10 3LD2
£70.2K07/211.21 mi8, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2
£62K03/211.21 mi44, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2
£91K10/211.8 mi1, The Poplars, Tullibody FK10 2XG2
£60K10/211.81 mi8, Manse Terrace, Clackmannan FK10 4JZ2
£88K08/211.82 mi10, The Poplars, Tullibody, Alloa, Clackmannanshire FK10 2XG2
£70K12/211.88 mi28, The Bryony, Tullibody FK10 2XB2

Local Rents

23 rents from £575/mo to £850/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£65006/230.09 mi-2
£69501/240.1 mi-2
£57503/240.1 mi-2
£72510/230.1 miTulligrath Park, Alloa2
£65004/240.16 miBurgh Mews, Alloa2
£65003/240.21 miCandleriggs Ct, Alloa2
£75004/240.22 miDelaney Court, Alloa2
£80004/240.34 miOld Brewery Lane, Alloa2
£85005/240.34 miOld Brewery Lane, Alloa2
£75008/230.38 mi-2
£80009/240.4 mi-2
£75009/230.4 mi-2
£80001/250.4 mi-2
£85005/240.41 miCaledonian Road, Alloa2
£80003/240.42 mi-2
£70004/240.44 miHenderson Avenue, Alloa, Clackmannanshire, FK102
£65004/240.47 miAshley Terrace, ALLOA2
£65003/240.48 mi-2
£65006/240.48 mi-2
£65006/240.48 mi-2
£65005/240.48 miMckinlay Crescent, Alloa, FK102
£80004/240.48 mi-2
£80008/240.55 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £114,950

January 16, 2025

Floor Plans

Description

  • WELL MAINTAINED GROUND FLOOR FLAT SITUATED WITHIN THE POPULAR TOWN OF ALLOA +
  • SECURE ENTRY DOOR SYSTEM +
  • ENTRANCE HALLWAY INNER HALLWAY +
  • LOUNGE +
  • MODERN FITTED KITCHEN +
  • TW DOUBLE BEDROOMS +
  • FAMILY SHOWER ROOM +
  • GAS CENTRAL HEATING DOUBLE GLAZING EPC - D COUNCIL TAX BAND - C +
  • COMMUNAL GARDEN GROUNDS +
  • ALLOCATED PARKING SPACE AND RESIDENTS PARKING +

Well maintained ground floor flat situated within the popular town of Alloa.

The property comprises: secure entry door system. entrance hallway, hallway, lounge, modern fitted kitchen, two double bedrooms and family shower room. The property is heated by a gas central heating system and is fully double glazed throughout. Communal garden grounds. Allocated parking space and residents parking.

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?

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