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Drysdale Street, Alloa FK10 4 bed detached house for sale
Drysdale Street, Alloa FK10
£190,000
Drysdale Street, Alloa FK10
£190,000
Our Summary
- A Large 4 Bedroom detached property in a sought-after location in Drysdale, Alloa * HOME REPORT VALUATION £215,000* *Firgrove, Whins Road, Alloa, Clackmannanshire FK10 3RDPreviously sold for £335,000, 1, Glebe Terrace, Alloa, Clackmannanshire FK10 1DL previously sold for £443,203, 36, Claremont, Alloa, Clackmannanshire FK10 2DG previously sold for £440,000* The property will require renovation to unleash its true potential
- 50 based on a 70% occupancy, (Subject to gaining the necessary planning and information) The property benefits from partial renovation, featuring a contemporary design with significant potential for personal customisation and finishing touches
- *RARE AUCTION PROPERTY*If used as a part holiday the property could achieve £205 per night, based on comparables on Air BNB
- 50 based on a 70% occupancy, (Subject to gaining the necessary planning and information)The property will require renovation to unleash its true potential
- The property benefits from partial renovation, featuring a contemporary design with significant potential for personal customisation and finishing touches
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- The property will require renovation to unleash its true potential
Description
This large 4-bedroom detached property in Drysdale, Alloa, offers a rare opportunity for buy-to-let landlords and serviced accommodation operators. With a Home Report valuation of £215,000, the property requires renovation to unlock its full potential. Once refurbished, it could attract a monthly rental of £1,500-£1,600 PCM, yielding 10-11% based on the guide price. Alternatively, it could be used as a part-holiday rental, generating an annual income of £52,377.50 based on a 70% occupancy. The property features a contemporary design, partial renovation, and a lovely garden, making it an ideal choice for families. With recent sales evidence showing comparable properties selling for £335,000, £443,203, and £440,000, this property offers a fantastic BRRR and capital growth opportunity.