2 Bed Flat, Single Let, Alloa, FK10 4PE, £70,000

Forth View, Kincardine, FK10 4PE - 24 days ago

Sold STC

BTL

ROI: 28%

~68 m²

+11 photos

Valuation

Sold Prices	£62K - £192.1K

Square Metres	~68.11 m²

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£17,500£17,500
Stamp Duty & Legal Fees	£4,700£4,700
Total Cash In	£22,200£22,200

Cash Out
Rent Range	£795 - £3,990£795 - £3,990
Rent Estimate	£954
Running Costs/mo	£430£430
Cashflow/mo	£524£524
Cashflow/yr	£6,293£6,293
ROI	28%28%
Gross Yield	16%16%

Local Sold Prices

4 sold prices from £62K to £192.1K, average is £119K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£62K	03/21	0.05 mi	28, Priory Square, Kincardine, Alloa, Fife FK10 4PF	-	-	2	Flat
£118K	02/21	0.42 mi	34, Keith Street, Kincardine, Alloa, Ffe FK10 4NB	-	-	2	Flat
£192.1K	03/21	2.2 mi	21, Banks View, Airth, Falkirk, Stirlingshire FK2 8PZ	-	-	2	Flat
£120K	10/21	2.34 mi	14, Kennet Village, Alloa, Clackmannanshire FK10 4DP	-	-	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£3,600	02/25	0.16 mi	-	2	Semi-Detached House
£795	04/24	0.3 mi	Mercer Street, Kincardine, Alloa	2	Bungalow
£3,990	02/25	0.32 mi	-	3	Semi-Detached House
£2,000	03/24	1.21 mi	Windyhill Farm Tulliallan, Alloa	6	Detached House
£1,800	04/24	1.21 mi	Windyhill Farm Tulliallan, Alloa	6	Detached House
£1,050	04/24	2.29 mi	High Street, Airth, Falkirk, FK2	3	Semi-Detached House

Local Area Statistics


Rental growth (12m)	+5%+5%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+31%+31%

Property History

Listed for £70,000

March 11, 2025

Floor Plans

Description

Two bedroom upper floor flat +
Two double bedrooms +
Excellent storage throughout +
Beautiful breakfasting kitchen +
Open plan lounge/ dining room +

Come and take a peek at this lovely two-bedroom first floor flat - it's a real gem! Perfect for first-time buyers looking to get their foot on the property ladder or savvy investors searching for a great rental opportunity.

Step inside and you'll find two spacious double bedrooms, excellent storage throughout for all your bits and bobs, and a beautiful breakfasting kitchen that will have you whipping up culinary delights in no time. The open plan lounge and dining room is just the ticket for entertaining friends or relaxing after a long day - it's a real cosy spot.

As you enter, the bright hallway sets the tone for the rest of the property and leads you to the family bathroom where you can soak away your troubles. But the real treat? A balcony off the lounge boasting lovely views - the perfect spot for a cuppa in the morning or a glass of wine in the evening.

This flat ticks all the boxes and then some. Don't miss out on the chance to make this your next home sweet home. Come on over and see for yourself before it's gone!

Schedule your viewing today and get ready to fall in love with your new abode.
EPC Rating: C