3 Bed Semi-Detached House, Refurb/BRRR, Alloa, FK10 1SB, £105,000

Hillcrest Drive, Alloa, Clackmannanshire, FK10 1SB - 2 views - a month ago

Refurb/BRRR
ROI: 4%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£82K - £280K

 

 

Square Metres

~93 m²

Value Estimate

£108,150
BMV3%

 

 

End Value (After Refurb)

£95,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Refurb Costs

£37,126

Bridging Loan Interest

£2,756

Total Cash In

£74,332

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£95,000

Mortgage (After Refinance)

£71,250

Mortgage LTV

75%

Cash Left In

£74,332

Equity

£23,750

Rent Range

£450 - £950

Rent Estimate

£700

Running Costs/mo

£457

Cashflow/mo

£243

Cashflow/yr

£2,918

ROI

4%

Gross Yield

8%

Local Sold Prices

42 sold prices from £82K to £280K, average is £151K.

PriceDateDistanceAddressBeds 
£95K05/210.19 mi22, Tay Court, Alloa FK10 1QD3
£87.2K08/210.19 mi5, Dunvegan Court, Alloa, Clackmannanshire FK10 1PU3
£92K02/210.25 mi29, Menteith Court, Alloa, Clk FK10 1QA3
£85K03/210.25 mi57, Menteith Court, Alloa, Clackmannanshire FK10 1QA3
£215K12/210.4 mi46, Taran, Alloa, Clackmannanshire FK10 1RF3
£145K04/210.58 mi9, Branshill Road, Sauchie, Alloa FK10 3BN3
£157.5K02/210.69 mi81, Mary Stevenson Drive, Alloa, Clk FK10 2BQ3
£122K07/210.71 mi136, Branshill Park, Sauchie, Alloa, Clackmannanshire FK10 3EE3
£215K10/210.74 mi9, Paton Street, Alloa, Clackmannanshire FK10 2DY3
£210K02/210.78 mi13, Victoria Street, Alloa, Clk FK10 2DZ3
£145.5K05/210.85 mi52, Grant Street, Alloa, Clackmannanshire FK10 1ND3
£100K03/210.87 mi51, Mansfield Avenue, Sauchie, Alloa, Clackmannanshire FK10 3LG3
£150.5K04/210.89 mi4, Carpenters Wynd, Alloa, Clackmannanshire FK10 1LY3
£151K07/210.91 mi21, Meadow Green, Sauchie, Alloa, Clackmannanshire FK10 3DF3
£280K11/210.94 mi5, Downs Crescent, Alloa, Clackmannanshire FK10 1NX3
£195K04/210.99 mi22, Newtonshaw, Sauchie, Clackmannanshire FK10 3EJ3
£125K12/210.99 mi14, Stanton Avenue, Alloa, Clk FK10 1NE3
£120K12/210.99 mi21, Stanton Avenue, Alloa, Clackmannanshire FK10 1NE3
£165K03/211.01 mi8, Greygoran, Sauchie, Alloa, Clk FK10 3EH3
£180K10/211.01 mi58, Abbeycraig Road, Sauchie, Alloa, Clackmannanshire FK10 3DL3
£258K12/211.03 mi50, Claremont, Alloa, Clackmannanshire FK10 2DH3
£255K12/211.03 mi35, Norwood Avenue, Alloa, Clackmannanshire FK10 2BY3
£120K11/211.07 mi9, Mount William, Sauchie, Alloa FK10 3PH3
£89.3K05/211.1 mi81, Deerpark, Sauchie, Alloa FK10 3LL3
£100K02/211.1 mi8, Devonway, Clackmannan FK10 4LF3
£156.2K08/211.1 mi83, Smithfield Meadows, Alloa, Clk FK10 1TE3
£124K05/211.11 mi101, Churchill Street, Alloa, Clackmannanshire FK10 2JU3
£130K06/211.12 mi18, Kersegreen Road, Clackmannan, Clackmannanshire FK10 4HR3
£208.7K06/211.13 mi5, Arnswell, Sauchie, Alloa, Clackmannanshire FK10 3EX3
£114K09/211.15 mi8, Academy Street, Alloa, Clackmannanshire FK10 2EA3
£99K09/211.23 mi63, Mary Place, Clackmannan FK10 4LB3
£185.5K04/211.25 mi48, Devon Valley Drive, Sauchie, Alloa FK10 3GA3
£82K02/211.27 mi1, Mayfield Crescent, Clackmannan, Clk FK10 4HP3
£255K10/211.28 mi17, Brodie Avenue, Alloa, Clackmannanshire FK10 2FE3
£157K10/211.31 mi45, Alloa Road, Clackmannan, Clackmannanshire FK10 4HG3
£137K09/211.31 mi42, Alloa Road, Clackmannan FK10 4HG3
£245K08/211.49 mi12, Burnee, Fishcross, Alloa, Clackmannanshire FK10 3JH3
£225.5K09/211.52 mi13, Burnside Crescent, Clackmannan, Clackmannanshire FK10 4HL3
£203K02/211.75 mi14, Laird's Drive, Chapelhill FK10 4EQ3
£151K06/211.84 mi10, Mercat Place, Clackmannan, Clackmannanshire FK10 4SS3
£180K09/211.9 mi26, Mannan Drive, Clackmannan FK10 4SU3
£155K07/211.92 mi1, Ladywood, Clackmannan, Clackmannanshire FK10 4SX3

Local Rents

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

RentDateDistanceAddressBeds 
£80008/240.1 mi-2
£55004/240.25 miLambert Terrace, Alloa1
£80004/240.25 miOld Brewery Lane, Alloa2
£85005/240.25 miOld Brewery Lane, Alloa2
£65003/240.28 mi-2
£65005/240.28 mi-2
£65005/240.28 mi-2
£65005/240.28 miMckinlay Crescent, Alloa, FK102
£55004/240.31 miDrysdale Street, Alloa, FK101
£65003/240.36 miCandleriggs Ct, Alloa2
£52504/240.36 miCandleriggs Court, Alloa, FK101
£60004/240.4 miSunnyside Road, Alloa1
£95002/250.41 mi-3
£95003/250.42 mi-3
£65004/240.42 miBurgh Mews, Alloa2
£55004/240.5 miNevis Crescent, Alloa1
£57502/240.53 mi-1
£75008/230.54 mi-2
£50003/240.55 mi-1
£65006/230.58 mi-2
£75009/230.59 mi-2
£80012/240.59 mi-2
£62504/250.6 mi-1
£69501/240.6 mi-2
£57503/240.6 mi-2
£72510/230.61 miTulligrath Park, Alloa2
£80009/240.67 mi-2
£75004/240.67 miDelaney Court, Alloa2
£95004/240.69 miAshley Terrace, Alloa, FK103
£95004/240.69 mi-3
£80003/240.74 mi-2
£70004/240.75 miHenderson Avenue, Alloa, Clackmannanshire, FK102
£65004/240.76 miAshley Terrace, ALLOA2
£80004/240.79 mi-2
£67505/240.83 miGartmorn Road, Sauchie2
£70003/240.84 mi-2
£79507/240.84 mi-2
£80012/240.84 mi-2
£72006/230.85 mi-2
£72006/230.85 mi-2
£72007/230.87 mi-2
£72005/230.88 mi-2
£72005/230.88 mi-2
£85005/240.89 miCaledonian Road, Alloa2
£58504/240.91 miMain Street, Sauchie, FK102
£75011/230.92 mi-2
£45004/240.94 miSmithfield Loan, Alloa, FK101
£45005/240.94 mi-1
£70001/240.94 mi-3
£80004/240.94 miBeechwood, Sauchie, Clackmannanshire3
£60004/240.94 miSmithfield Loan, Alloa, FK101
£60005/240.94 mi-1

Local Area Statistics

 

 

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £105,000

April 1, 2025

Description

    • Spacious Semi Detached House +
    • Three Bedrooms +
    • Two Reception Rooms +
    • Fitted KItchen +
    • Bathroom/Wc +
    • Front Side and Rear Gardens +
    • Driveway +
    • Good Family Sized Home +
    • Modernisation Required +

Sizeable semi detached house in a popular and convenient locale close to all local amenities. A fine example of a good sized family home with versatile accommodation comprising of entrance hallway, cloaks/wc, lounge, dining room or bedroom 4, fitted kitchen and upstairs three bedrooms and family bathroom. The property further benefits from double glazing and gas central heating with enclosed gardens to the front, side and rear. A driveway to the side provides parking for a vehicle.

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.

STI250066/2

Agent Details

YOUR MOVE, Stirling

01786 231711

Next Steps?

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