2 Bed Flat, Single Let, Alloa, FK10 4PF, £69,950

34 Priory Square, Kincardine, FK10 4PF, Alloa - 22 days ago

Sold STC
BTL
ROI: 28%
~68 m²
+16 photos

Valuation

Sold Prices£62K - £192.1K

 

 

Square Metres

~68.11 m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,488

Stamp Duty & Legal Fees

£4,698

Total Cash In

£22,185

 

 

Cash Out

 

Rent Range

£795 - £3,990

Rent Estimate

£954

Running Costs/mo

£429

Cashflow/mo

£525

Cashflow/yr

£6,295

ROI

28%

Gross Yield

16%

Local Sold Prices

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

PriceDateDistanceAddressBeds 
£62K03/210.03 mi28, Priory Square, Kincardine, Alloa, Fife FK10 4PF2
£118K02/210.49 mi34, Keith Street, Kincardine, Alloa, Ffe FK10 4NB2
£192.1K03/212.26 mi21, Banks View, Airth, Falkirk, Stirlingshire FK2 8PZ2
£120K10/212.37 mi14, Kennet Village, Alloa, Clackmannanshire FK10 4DP2

Local Rents

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

RentDateDistanceAddressBeds 
£3,60002/250.23 mi-2
£79504/240.37 miMercer Street, Kincardine, Alloa2
£3,99002/250.39 mi-3
£2,00003/241.23 miWindyhill Farm Tulliallan, Alloa6
£1,80004/241.23 miWindyhill Farm Tulliallan, Alloa6
£1,05004/242.36 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 £69,950

March 13, 2025

Floor Plans

Description

  • Communal Entrance +
  • Private Hallway Storage Cupboard +
  • Residents Parking +
  • Lounge +
  • Balcony +
  • Kitchen +
  • Two Bedrooms +
  • Shower Room +
  • EH / DG +
  • Communal Drying Green +

Early entry available. Excellent first time purchase or would suit couples looking for an easy to maintain property with excellent commuter links. The flat briefly comprises communal stairwell leading up to private entrance and hallway with large storage cupboard, could be used as a small office. Lounge/diner with balcony, kitchen, two double bedrooms and shower room. The property has a large communal drying green and ample residents and visitors parking. The subjects are double glazed with electric heating.

Description - Early entry available. Excellent first time purchase or would suit couples looking for an easy to maintain property with excellent commuter links. The flat briefly comprises communal stairwell leading up to private entrance and hallway with large storage cupboard, could be used as a small office. Lounge/diner with balcony, kitchen, two double bedrooms and shower room. The property has a large communal drying green and ample residents and visitors parking. The subjects are double glazed with electric heating.

Location - Kincardine is a historic conservation village providing local facilities including shopping, schooling and civic amenities. The major town of Falkirk and the cities of Stirling and Dunfermline all provide a wider range of high street shopping, recreational and transport facilities to include main line rail links. Kincardine proves particularly popular with commuters seeking access via the surrounding arterial road and motorway network, and both Kincardine Bridges provide access to many centres of business including Edinburgh, Grangemouth, Falkirk, Fife, Stirling and Glasgow. Within a short distance is Devilla Forrest which is superb for wildlife watching, walkers and cyclists.

Extras Inc. In Sale/Agents Note - SOLD AS SEEN. All floor coverings, blinds, bathroom and light fittings together with integrated appliances.

This property is being sold as seen in its present condition and no warranty will be given to any purchaser with regard to the existence or condition of the services or any heating or other system within the property or white goods. Any intending purchaser will require to accept the position as it exists.

From 1st February 2022, residential properties in Scotland are required by law to have installed a system of inter-linked smoke alarms, carbon monoxide detectors and heat detectors (the “inter-linked system”). No warranty is given that any interlinked system has been installed in this property and interested parties should make their own enquiries.

Agent Details

Morgans, Dunfermline

01383 663803

Next Steps?

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