4 Bed Detached House, Refurb/BRRR, Alloa, FK10 3RE, £285,000

44 Whins Road, Alloa, FK10 3RE - 2 months ago

Refurb/BRRR
ROI: 1%
~129 m²
+15 photos

ValuationFair Value

Sold Prices£24.9K - £344K

 

 

Square Metres

~129.26 m²

Value Estimate

£280,000

 

 

End Value (After Refurb)

£129,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Refurb Costs

£51,600

Bridging Loan Interest

£7,481

Total Cash In

£143,581

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£129,750

Mortgage (After Refinance)

£97,313

Mortgage LTV

75%

Cash Left In

£143,581

Equity

£32,438

Rent Range

£500 - £950

Rent Estimate

£718

Running Costs/mo

£569

Cashflow/mo

£149

Cashflow/yr

£1,787

ROI

1%

Gross Yield

3%

Local Sold Prices

23 sold prices from £24.9K to £344K, average is £225.1K.

PriceDateDistanceAddressBeds 
£297K09/210.6 mi14, Glebe Terrace, Alloa, Clackmannanshire FK10 1DL4
£118.7K04/210.62 mi31, Park Crescent, Sauchie, Alloa, Clackmannanshire FK10 3DT4
£245K11/210.64 mi17, Denbecan, Alloa, Clackmannanshire FK10 1QZ4
£225K03/210.7 mi46, Tullibody Road, Alloa, Clackmannanshire FK10 2LY4
£277K08/210.75 mi15, Sandpiper Meadow, Alloa, Clackmannanshire FK10 1QQ4
£201.7K06/210.88 mi10, Auchinbaird, Sauchie, Alloa, Clackmannanshire FK10 3HB4
£280K08/211.41 mi2, Villa Place, Clackmannan, Clackmannanshire FK10 4HZ4
£343.3K03/211.48 mi3, Alexander Court, Clackmannan, Clackmannanshire FK10 4HN4
£207.5K04/211.55 mi58, Braehead, Alloa, Clackmannanshire FK10 2EW4
£325.3K06/211.89 miArnsbrae Villa, Alloa Road, Cambus, Alloa, Clackmannanshire FK10 2NT4
£344K10/211.95 mi6, King James Drive, Tullibody, Alloa FK10 2UN4
£280K03/211.96 mi24, Ramsey Tullis Drive, Tullibody, Alloa, Clackmannanshire FK10 2UD4
£220.5K06/212.08 mi10, Delph Wynd, Tullibody, Alloa, Clackmannanshire FK10 2TW4
£290K11/212.12 mi3, Macalpine Court, Tullibody, Alloa FK10 2FB4
£210K10/212.14 mi25, Rose Street, Alloa, Clackmannanshire FK10 2SZ4
£143K09/212.27 mi22, Hawthorne Avenue, Coalsnaughton, Tillicoultry, Clackmannanshire FK13 6LA4
£230K05/212.29 mi29, The Sheilings, Cambus, Alloa FK10 2NN4
£24.9K03/212.29 mi9, The Sheilings, Cambus, Alloa, Clackmannanshire FK10 2NN4
£260K08/212.31 mi14, Moubray Gardens, Cambus, Alloa FK10 2NQ4
£191K10/212.36 mi1, Craigton Crescent, Alva, Clackmannanshire FK12 5DS4
£208K03/212.37 mi9, Marshall Way, Tullibody, Alloa, Clackmannan FK10 2GA4
£225.1K03/212.52 mi91, Park Street, Alva, Clackmannanshire FK12 5LL4
£210K01/212.85 mi150, High Street, Tillicoultry, Clk FK13 6DT4

Local Rents

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

RentDateDistanceAddressBeds 
£55004/240.03 miLambert Terrace, Alloa1
£65003/240.13 mi-2
£65006/240.13 mi-2
£65006/240.13 mi-2
£65005/240.13 miMckinlay Crescent, Alloa, FK102
£80008/240.14 mi-2
£80004/240.24 miOld Brewery Lane, Alloa2
£85005/240.24 miOld Brewery Lane, Alloa2
£60004/240.28 miSunnyside Road, Alloa1
£55004/240.36 miNevis Crescent, Alloa1
£57502/240.39 mi-1
£50003/240.4 mi-1
£55004/240.42 miDrysdale Street, Alloa, FK101
£75008/230.45 mi-2
£75009/230.49 mi-2
£80001/250.49 mi-2
£65003/240.51 miCandleriggs Ct, Alloa2
£52504/240.51 miCandleriggs Court, Alloa, FK101
£65004/240.56 miBurgh Mews, Alloa2
£80009/240.58 mi-2
£67505/240.6 miGartmorn Road, Sauchie2
£95004/240.6 miAshley Terrace, Alloa, FK103
£95004/240.6 mi-3
£70003/240.61 mi-2
£79507/240.61 mi-2
£80012/240.62 mi-2
£72006/230.62 mi-2
£72006/230.62 mi-2
£95003/250.63 mi-3
£65006/230.64 mi-2
£72007/230.64 mi-2
£95003/250.64 mi-3
£72005/230.65 mi-2
£72005/230.65 mi-2
£69501/240.66 mi-2
£57503/240.66 mi-2
£72510/230.66 miTulligrath Park, Alloa2
£65004/240.67 miAshley Terrace, ALLOA2
£80003/240.67 mi-2
£70004/240.67 miHenderson Avenue, Alloa, Clackmannanshire, FK102
£58504/240.67 miMain Street, Sauchie, FK102
£75011/230.7 mi-2
£70001/240.71 mi-3
£80004/240.71 mi-2
£80004/240.72 miBeechwood, Sauchie, Clackmannanshire3
£80002/240.74 mi-2
£67504/240.74 miSchawpark Av, Sauchie2
£75011/230.76 mi-2
£62504/240.76 miBeechwood, Alloa, Sauchie, FK102
£75004/240.78 miDelaney Court, Alloa2
£79707/230.9 mi-1
£85005/240.99 miCaledonian Road, Alloa2

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £285,000

February 14, 2025

Floor Plans

Description

  • Beautiful traditionally built detached family home +
  • Four bedrooms with master en suite +
  • Private off street parking to the rear +
  • Low maintenance gardens to the front and rear +
  • Feature wood burning stove in the lounge +
  • Two modern bathrooms +

This stunning home is truly in walk-in condition, ready to welcome its new owners without the need for any immediate renovations. Step inside to find a lounge that is not only tastefully decorated but also features a cosy log burner. This inviting focal point sets the perfect ambiance for relaxing evenings.  Adjacent to the lounge, the separate dining area is spacious enough to host a large table, making it ideal for family gatherings or entertaining friends. The staircase leading to the first floor serves not only as a practical feature but also as an architectural highlight of the room, adding a touch of elegance to the overall design. On the ground floor, you'll discover two generously sized double bedrooms that offer ample space for comfortable living. Accompanying these bedrooms is a well-appointed bathroom, equipped with a three-piece suite, ensuring convenience for residents and guests alike. The kitchen, situated at the rear of the property, beautifully marries modern efficiency with traditional aesthetics. Its thoughtfully designed range of base and wall units complements the overall charm of the home, promoting both functionality and style. Venturing upstairs, the first floor unveils two additional large bedrooms, with the master suite boasting an en-suite bathroom that includes a two-piece suite and a separate shower cubicle, providing a private oasis for relaxation. This design not only enhances privacy but also elevates the comfort of the master bedroom, making it a true retreat. Externally, the property is equally impressive, featuring a spacious driveway that conveniently leads to the rear for additional parking. The mature and enclosed garden embraces a serene atmosphere, complete with a large patio area perfect for outdoor entertaining, and a well-maintained lawn that ensures low maintenance while exuding beauty and tranquillity. This garden is an ideal space for enjoying sunny days, family barbecues, or simply unwinding in the fresh air. All these attributes come together to create a home that is not only aesthetically pleasing but also incredibly functional and inviting. Situated in the heart of the vibrant town of Alloa, Whins Road benefits from an enviable location, placing residents within easy reach of a diverse array of amenities, from convenient retail outlets and supermarkets catering to daily needs, to enticing restaurants and engaging leisure pursuits, everything is readily accessible. The town centre boasts The Speirs Centre, a modern and well-equipped facility providing a hub for local services and activities. Beyond its practical conveniences, Alloa offers a rich tapestry of historical and recreational attractions, including the imposing Alloa Tower, a remarkable example of Scottish medieval architecture, and the sprawling West End Park, perfect for leisurely strolls, sporting endeavors, and community events. Furthermore, families will appreciate the excellent educational infrastructure, encompassing nurseries, primary schools, and a secondary school. For commuters, Alloa train station offers seamless connections to Stirling, Glasgow, and Edinburgh, while the proximity to major motorways ensures easy access to wider destinations by car.

Agent Details

Homes For You, Stirling

01786 232362

Next Steps?

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