2 Bed Flat, Single Let, Alloa, FK10 1ED, £84,000

East Vennel, Alloa, Clackmannanshire, FK10 1ED - 2 views - a month ago

Sold STC
BTL
ROI: 8%
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£40K - £121K

 

 

Square Metres

~68.11 m²

Value Estimate

£73,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£575 - £850

Rent Estimate

£575

Running Costs/mo

£398

Cashflow/mo

£178

Cashflow/yr

£2,130

ROI

8%

Gross Yield

8%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£55.5K04/210.04 mi17, Candleriggs Court, Alloa FK10 1EQ2
£40K11/210.07 mi67d, Mill Street, Alloa, Clackmannanshire FK10 1DX2
£55.8K02/210.1 mi27, Bank Street, Alloa, Clk FK10 1HZ2
£95K04/210.24 mi6, St. Mungos Wynd, Alloa FK10 1LQ2
£100K02/210.24 mi14, Colville Gardens, Alloa, Clackmannanshire FK10 1DU2
£71.5K08/210.34 mi22, Tulligarth Park, Alloa, Clackmannanshire FK10 2DD2
£105K09/210.37 mi1, Kellie Place, Alloa, Clackmannanshire FK10 2DW2
£121K04/210.37 mi52, Delaney Court, Alloa FK10 1RB2
£120.3K08/210.37 mi42, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£97.5K07/210.37 mi12, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£106.1K06/210.38 mi32, Balfour Street, Alloa, Clackmannanshire FK10 1RU2
£73K10/210.38 mi27, Balfour Street, Alloa FK10 1RU2
£85K05/210.48 mi9a, Tullibody Road, Alloa, Clackmannanshire FK10 2LN2
£74K05/210.51 mi7, Shaftesbury Street, Alloa, Clackmannanshire FK10 2LU2
£87.1K07/210.6 mi6, Medwyn Place, Alloa, Clackmannanshire FK10 1NG2
£96K07/210.61 mi21, Shire Way, Alloa FK10 1NQ2
£95.5K09/210.63 mi15, Henderson Avenue, Alloa, Clk FK10 2NE2
£83.3K08/210.68 mi8, Duncanson Avenue, Alloa FK10 2NF2
£102K06/210.7 mi38, Mitchell Crescent, Alloa, Clackmannanshire FK10 1NN2
£55K02/211.09 mi24, Gartmorn Road, Sauchie FK10 3NX2
£65.5K05/211.17 mi1, Sprotwell Terrace, Sauchie, Alloa, Clackmannanshire FK10 3LD2
£70.2K07/211.18 mi8, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2
£62K03/211.18 mi44, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2
£60K10/211.57 mi8, Manse Terrace, Clackmannan FK10 4JZ2
£70K10/211.81 mi4, Craigrie Terrace, Clackmannan, Clackmannanshire FK10 4ER2
£100K11/211.86 mi8a, Hetherington Drive, Clackmannan, Clackmannanshire FK10 4HQ2

Local Rents

20 rents from £575/mo to £850/mo, average is £738/mo.

RentDateDistanceAddressBeds 
£65003/240.04 miCandleriggs Ct, Alloa2
£65004/240.11 miBurgh Mews, Alloa2
£80004/240.3 miOld Brewery Lane, Alloa2
£85005/240.3 miOld Brewery Lane, Alloa2
£65006/230.33 mi-2
£69501/240.34 mi-2
£57503/240.34 mi-2
£72510/230.34 miTulligrath Park, Alloa2
£75004/240.35 miDelaney Court, Alloa2
£80008/240.4 mi-2
£65003/240.43 mi-2
£65006/240.43 mi-2
£65006/240.43 mi-2
£65005/240.43 miMckinlay Crescent, Alloa, FK102
£75008/230.5 mi-2
£75009/230.53 mi-2
£80001/250.53 mi-2
£80009/240.57 mi-2
£85005/240.57 miCaledonian Road, Alloa2
£80003/240.62 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £84,000

February 20, 2025

Floor Plans

Description

  • Two Bedroom Modern Apartment +
  • Gas Heating and Double Glazing +
  • Open Plan Lounge/Dining/Kitchen +
  • Juliette Style Balcony off Lounge +
  • Fitted Wardrobes in Both Bedrooms +
  • Central Alloa Location +

UNDER OFFER AT CLOSING DATE

This terrific apartment sits in central Alloa, where a range of amenities are nearby including retail and restaurants, leisure and community activities, schooling and other public services.

The apartment has bright living spaces, a modern kitchen and bathroom, as well as two bedrooms.

The apartment sits on the first floor, accessed via a shared staircase. The main reception room is open-plan which creates a nice sociable space and has a Juliette style balcony overlooking the front. The floorspace permits ample room for lounge and dining furnishings.

Tucked off the living space is a perfectly formed kitchen where the walls are lined with wall and base cabinetry providing excellent storage. Worktops create a nice space for food preparation and a rear window invites in a great amount of light to the space.

The two bedrooms are positioned at the front of the plan, and have fitted wardrobes offering impressive storage.

The bathroom is three-piece in design with shower over the bath area. The shower is powered via the boiler providing good pressure.

Gas Heating provides the warmth and has been safety checked annually. UPVC double glazed windows are installed to retain the heat. There is a public car park positioned across from the apartment building.

The apartment has previously been rented so is fully compliant with rental legislation.

A lovely apartment and viewings can be arranged through the selling agents, Slater Hogg and Howison.

Agent Details

Slater Hogg & Howison, Stirling

01786 232129

Next Steps?

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