2 Bed Flat, Single Let, Alloa, FK10 4NL, £105,000

Mercer Street, Kincardine, Alloa, Fife, FK10 4NL - 24 days ago

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

ValuationOvervalued

Sold Prices£62K - £192.1K

 

 

Square Metres

~68.11 m²

Value Estimate

£68,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£32,700

 

 

Cash Out

 

Rent Range

£795 - £3,990

Rent Estimate

£954

Running Costs/mo

£539

Cashflow/mo

£415

Cashflow/yr

£4,981

ROI

15%

Gross Yield

11%

Local Sold Prices

6 sold prices from £62K to £192.1K, average is £109K.

PriceDateDistanceAddressBeds 
£118K02/210.18 mi34, Keith Street, Kincardine, Alloa, Ffe FK10 4NB2
£62K03/210.31 mi28, Priory Square, Kincardine, Alloa, Fife FK10 4PF2
£192.1K03/211.94 mi21, Banks View, Airth, Falkirk, Stirlingshire FK2 8PZ2
£120K10/212.23 mi14, Kennet Village, Alloa, Clackmannanshire FK10 4DP2
£70K10/212.86 mi4, Craigrie Terrace, Clackmannan, Clackmannanshire FK10 4ER2
£100K11/212.92 mi8a, Hetherington Drive, Clackmannan, Clackmannanshire FK10 4HQ2

Local Rents

6 rents from £795/mo to £4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£79504/240.05 miMercer Street, Kincardine, Alloa2
£3,99002/250.07 mi-3
£3,60002/250.11 mi-2
£2,00003/241.19 miWindyhill Farm Tulliallan, Alloa6
£1,80004/241.19 miWindyhill Farm Tulliallan, Alloa6
£1,05004/242.04 miHigh Street, Airth, Falkirk, FK23

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £105,000

March 11, 2025

Floor Plans

Description

    • Stunning Upper Flat +
    • Two Double Bedrooms With Robes +
    • Living Room +
    • Modern Fitted Kitchen +
    • Superb Shower Room/Wc +
    • Walled Private Gardens +
    • Residents Parking +
    • Desirable Village Location +
    • Walk In Condition +

Positioned within a small select cul de sac just off the High Street is this impressive upper flat situated within a very popular development in the village of Kincardine. Ideally located to benefit from the villages atmosphere, superb amenities and within easy distance to the Clackmannan and Kincardine Bridges and motorway this flat boasts very classy light and airy interiors complimented with private enclosed walled gardens and parking. Our clients have presented the property to an exceptionally high standard perfectly ready for you to move into. Accommodation includes reception hall, front facing lounge, fitted kitchen , two double bedrooms both benefiting from fitted wardrobes, and shower room/wc whilst benefiting from double glazing and gas central heating. Externally there are wonderful colourful easy maintained gardens and parking The garden shed will also be included in the sale.

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.

FAL250186/2

Agent Details

YOUR MOVE, Stirling

01786 231711

Next Steps?

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