2 Bed Flat, Single Let, Alloa, FK10 3GL, £120,000

Old Brewery Lane, Alloa, FK10 3GL - a month ago

Sold STC
BTL
ROI: 4%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£40K - £121K

 

 

Square Metres

~68.11 m²

Value Estimate

£101,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£575 - £850

Rent Estimate

£650

Running Costs/mo

£525

Cashflow/mo

£125

Cashflow/yr

£1,500

ROI

4%

Gross Yield

7%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£106.1K06/210.2 mi32, Balfour Street, Alloa, Clackmannanshire FK10 1RU2
£73K10/210.2 mi27, Balfour Street, Alloa FK10 1RU2
£40K11/210.24 mi67d, Mill Street, Alloa, Clackmannanshire FK10 1DX2
£55.5K04/210.32 mi17, Candleriggs Court, Alloa FK10 1EQ2
£100K02/210.38 mi14, Colville Gardens, Alloa, Clackmannanshire FK10 1DU2
£55.8K02/210.38 mi27, Bank Street, Alloa, Clk FK10 1HZ2
£105K09/210.41 mi1, Kellie Place, Alloa, Clackmannanshire FK10 2DW2
£85K05/210.43 mi9a, Tullibody Road, Alloa, Clackmannanshire FK10 2LN2
£74K05/210.44 mi7, Shaftesbury Street, Alloa, Clackmannanshire FK10 2LU2
£71.5K08/210.45 mi22, Tulligarth Park, Alloa, Clackmannanshire FK10 2DD2
£95K04/210.51 mi6, St. Mungos Wynd, Alloa FK10 1LQ2
£95.5K09/210.52 mi15, Henderson Avenue, Alloa, Clk FK10 2NE2
£83.3K08/210.57 mi8, Duncanson Avenue, Alloa FK10 2NF2
£121K04/210.59 mi52, Delaney Court, Alloa FK10 1RB2
£120.3K08/210.59 mi42, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£97.5K07/210.59 mi12, Delaney Court, Alloa, Clackmannanshire FK10 1RB2
£87.1K07/210.77 mi6, Medwyn Place, Alloa, Clackmannanshire FK10 1NG2
£55K02/210.79 mi24, Gartmorn Road, Sauchie FK10 3NX2
£96K07/210.81 mi21, Shire Way, Alloa FK10 1NQ2
£102K06/210.83 mi38, Mitchell Crescent, Alloa, Clackmannanshire FK10 1NN2
£65.5K05/210.86 mi1, Sprotwell Terrace, Sauchie, Alloa, Clackmannanshire FK10 3LD2
£70.2K07/210.88 mi8, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2
£62K03/210.88 mi44, Schawpark Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LF2

Local Rents

22 rents from £575/mo to £850/mo, average is £713/mo.

RentDateDistanceAddressBeds 
£80004/240.03 miOld Brewery Lane, Alloa2
£85005/240.03 miOld Brewery Lane, Alloa2
£65003/240.13 mi-2
£65006/240.13 mi-2
£65006/240.13 mi-2
£65005/240.13 miMckinlay Crescent, Alloa, FK102
£80008/240.22 mi-2
£75008/230.31 mi-2
£65003/240.32 miCandleriggs Ct, Alloa2
£75009/230.36 mi-2
£80001/250.36 mi-2
£65004/240.36 miBurgh Mews, Alloa2
£65006/230.43 mi-2
£80009/240.44 mi-2
£69501/240.45 mi-2
£57503/240.45 mi-2
£72510/230.45 miTulligrath Park, Alloa2
£80003/240.51 mi-2
£70004/240.52 miHenderson Avenue, Alloa, Clackmannanshire, FK102
£65004/240.53 miAshley Terrace, ALLOA2
£80004/240.57 mi-2
£75004/240.57 miDelaney Court, Alloa2

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £120,000

March 5, 2025

Floor Plans

Description

  • Two double bedrooms (master ensuite) +
  • Beautiful kitchen +
  • Ground floor +
  • Spacious lounge with patio doors +
  • Gas central heating and double glazing +

Welcome to this charming 2-bedroom ground floor flat located in the heart of the popular old brewery lane development in Alloa. This delightful property offers two generous double bedrooms, with the master featuring its very own ensuite for that touch of luxury. The spacious lounge is a perfect spot for relaxing, with patio doors that flood the room with natural light. No need to worry about chilly nights as the flat boasts gas central heating and double glazing, ensuring optimal comfort year-round. Storage won't be an issue here, thanks to the bright hallway and convenient storage space. The beautiful kitchen is a chef's dream, offering ample counter space and room for a small table, perfect for enjoying your morning coffee.

Whether you're a first-time buyer, investor, or downsizer, this property is sure to tick all your boxes. Residents parking ensures convenience for all your transport needs, making this flat a must-see for those seeking a comfortable and stylish home in a sought-after location.

Don't miss out on the opportunity to make this lovely flat your own. So why wait? Schedule a viewing today and make this charming flat your own before it's gone! Lounge: 3.96m x 3.35m Breakfasting kitchen: 5.18m x 1.83m Bedroom: 4.26m x 3.35m Bedroom: 3.05m x 3.05m Bathroom: 2.13m x 1.83m

EPC Rating: C

Agent Details

Debbie Williams Homes, Covering Stirling

01786 649911

Next Steps?

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