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10 bedroom house for sale
Rosshead House, Heather Avenue, Alexandria, G83 0TJ
£340,000
Rosshead House, Heather Avenue, Alexandria, G83 0TJ
£340,000
Our Summary
- Excellent turn-key investment Opportunity
- Sure to appeal to investors looking for an already let property in a sought after location with great potential for Capital Growth
- 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
- Location: Alexandria, situated in West Dunbartonshire, Scotland, holds appeal for residents and potential investors for various reasons
Description
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Here is a summary of the property description in a single paragraph:
This exceptional 10-bedroom HMO in Alexandria, Dumbartonshire is a prime investment opportunity, currently achieving £3,175.69 per month (£38,108 per year) and providing an attractive 11% gross yield. The property has a guaranteed 5-year Mears Contract in place, ensuring a steady monthly cash flow. With a guide price, it has the potential to achieve £40,000-£45,000 per year. The property is located in a prime area, with a strong demand for housing and a history of high sales prices. The local area has seen recent sales of £450,000, £408,000, and £392,500, demonstrating the potential for capital growth. This turn-key investment opportunity is sure to appeal to investors looking for an already let property in a sought-after location with great potential for growth.