4 Bed Terraced House, Refurb/BRRR, Alloa, FK10 1PS, £75,000

Torridon Court, Alloa, Clackmannanshire, FK10 1PS - 1 views - a month ago

Sold STC
Refurb/BRRR
ROI: 5%
~129 m²
+8 photos

ValuationFair Value

Sold Prices£24.9K - £344K

 

 

Square Metres

~129.26 m²

Value Estimate

£76,500

 

 

End Value (After Refurb)

£73,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Refurb Costs

£51,600

Bridging Loan Interest

£1,969

Total Cash In

£77,519

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£73,500

Mortgage (After Refinance)

£55,125

Mortgage LTV

75%

Cash Left In

£77,519

Equity

£18,375

Rent Range

£450 - £950

Rent Estimate

£700

Running Costs/mo

£390

Cashflow/mo

£310

Cashflow/yr

£3,724

ROI

5%

Gross Yield

11%

Local Sold Prices

22 sold prices from £24.9K to £344K, average is £227.6K.

PriceDateDistanceAddressBeds 
£297K09/210.47 mi14, Glebe Terrace, Alloa, Clackmannanshire FK10 1DL4
£277K08/210.49 mi15, Sandpiper Meadow, Alloa, Clackmannanshire FK10 1QQ4
£245K11/210.54 mi17, Denbecan, Alloa, Clackmannanshire FK10 1QZ4
£225K03/210.85 mi46, Tullibody Road, Alloa, Clackmannanshire FK10 2LY4
£118.7K04/211.1 mi31, Park Crescent, Sauchie, Alloa, Clackmannanshire FK10 3DT4
£201.7K06/211.38 mi10, Auchinbaird, Sauchie, Alloa, Clackmannanshire FK10 3HB4
£280K08/211.39 mi2, Villa Place, Clackmannan, Clackmannanshire FK10 4HZ4
£343.3K03/211.44 mi3, Alexander Court, Clackmannan, Clackmannanshire FK10 4HN4
£207.5K04/211.7 mi58, Braehead, Alloa, Clackmannanshire FK10 2EW4
£325.3K06/211.95 miArnsbrae Villa, Alloa Road, Cambus, Alloa, Clackmannanshire FK10 2NT4
£280K03/212.09 mi24, Ramsey Tullis Drive, Tullibody, Alloa, Clackmannanshire FK10 2UD4
£344K10/212.1 mi6, King James Drive, Tullibody, Alloa FK10 2UN4
£220.5K06/212.24 mi10, Delph Wynd, Tullibody, Alloa, Clackmannanshire FK10 2TW4
£260K08/212.34 mi14, Moubray Gardens, Cambus, Alloa FK10 2NQ4
£230K05/212.34 mi29, The Sheilings, Cambus, Alloa FK10 2NN4
£24.9K03/212.34 mi9, The Sheilings, Cambus, Alloa, Clackmannanshire FK10 2NN4
£290K11/212.36 mi3, Macalpine Court, Tullibody, Alloa FK10 2FB4
£210K10/212.42 mi25, Rose Street, Alloa, Clackmannanshire FK10 2SZ4
£208K03/212.61 mi9, Marshall Way, Tullibody, Alloa, Clackmannan FK10 2GA4
£143K09/212.71 mi22, Hawthorne Avenue, Coalsnaughton, Tillicoultry, Clackmannanshire FK13 6LA4
£191K10/212.78 mi1, Craigton Crescent, Alva, Clackmannanshire FK12 5DS4
£225.1K03/212.95 mi91, Park Street, Alva, Clackmannanshire FK12 5LL4

Local Rents

52 rents from £450/mo to £950/mo, average is £700/mo.

RentDateDistanceAddressBeds 
£95003/250.14 mi-3
£95003/250.16 mi-3
£65003/240.3 miCandleriggs Ct, Alloa2
£52504/240.3 miCandleriggs Court, Alloa, FK101
£55004/240.33 miDrysdale Street, Alloa, FK101
£65004/240.37 miBurgh Mews, Alloa2
£80008/240.37 mi-2
£80004/240.44 miOld Brewery Lane, Alloa2
£85005/240.44 miOld Brewery Lane, Alloa2
£55004/240.52 miLambert Terrace, Alloa1
£65003/240.53 mi-2
£65006/240.53 mi-2
£65006/240.53 mi-2
£65005/240.53 miMckinlay Crescent, Alloa, FK102
£75004/240.59 miDelaney Court, Alloa2
£65006/230.6 mi-2
£60004/240.61 miSunnyside Road, Alloa1
£69501/240.61 mi-2
£57503/240.61 mi-2
£72510/230.61 miTulligrath Park, Alloa2
£55004/240.71 miNevis Crescent, Alloa1
£75008/230.71 mi-2
£57502/240.74 mi-1
£50003/240.75 mi-1
£75009/230.75 mi-2
£80001/250.75 mi-2
£85005/240.79 miCaledonian Road, Alloa2
£80009/240.81 mi-2
£95004/240.84 miAshley Terrace, Alloa, FK103
£95004/240.84 mi-3
£80003/240.86 mi-2
£70004/240.88 miHenderson Avenue, Alloa, Clackmannanshire, FK102
£45004/240.89 miSmithfield Loan, Alloa, FK101
£45005/240.89 mi-1
£60004/240.89 miSmithfield Loan, Alloa, FK101
£60005/240.89 mi-1
£62510/240.89 mi-1
£65004/240.9 miAshley Terrace, ALLOA2
£80004/240.93 mi-2
£67505/241.1 miGartmorn Road, Sauchie2
£79707/231.11 mi-1
£70003/241.11 mi-2
£79507/241.11 mi-2
£80012/241.11 mi-2
£72006/231.12 mi-2
£72006/231.12 mi-2
£72007/231.14 mi-2
£72005/231.15 mi-2
£72005/231.15 mi-2
£58504/241.18 miMain Street, Sauchie, FK102
£75011/231.19 mi-2
£70001/241.21 mi-3

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £75,000

February 27, 2025

Description

    • Spacious End Of Terrace House +
    • Four Bedrooms With En Suite WC +
    • Lounge/Dining Room +
    • Fitted Kitchen +
    • Family Bathroom/Wc +
    • Front & Rear Gardens +
    • Rear Off Street Parking +
    • Ideal Purchase For Families +
    • Some Modernisation Required +

If you are looking for a spacious family home then this is one fine example you can not afford to miss. This end of terrace house offers spacious accommodation over 2 levels which sits on a sizeable plot. Situated within a popular and convenient locale within Alloa specially for those connecting to the motorway, bus network and the train station. This ideal family home offers entrance hall, spacious front facing lounge/dining room, fitted kitchen, bedroom with en suite wc, staircase leads to three bedrooms and the bathroom. Externally there are enclosed gardens to front and rear mainly laid to chipped stones, lawned, paved and concrete areas. The property benefits from ample storage, gas central heating double glazing throughout. Early entry is available.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

STI250012/2

Agent Details

YOUR MOVE, Stirling

01786 231711

Next Steps?

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