>
Queen Street, Alva FK12 1 bed flat for sale
79D Queen Street, Alva, FK12 5AH
£55,000
79D Queen Street, Alva, FK12 5AH
£55,000
Our Summary
- There is potential for increased rental income, as the area's market ranges from £6,000 to £6,500 per annum
- 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
- There is potential for increased rental income, as the area's market range
Description
This prime new listing is a tenanted 1-bedroom flat located in a sought-after area of Alva, Scotland. The property is in exceptional condition and is currently yielding £475 per month, generating £5,700 annually, which is a remarkable 10% annual yield. With potential for increased rental income and capital growth, this is a fantastic turn-key investment opportunity for savvy buyers. As a serviced accommodation unit, the property could achieve £90 per night, translating to £22,995 annually at a 70% occupancy rate. The property is being offered at a fantastic discount to ensure a sale and is expected to feature in an upcoming timed online auction. With excellent sales evidence in the area, this is an exceptional chance for those looking to maximize income potential.