Heather Avenue, Alexandria G83 10 bed house for sale

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Heather Avenue, Alexandria G83 10 bed house for sale

Heather Avenue, Alexandria G83
£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

This exceptional 10-bedroom HMO property is located in a prime location in Alexandria, Dumbartonshire, offering a guaranteed monthly cash flow through a 5-year Mears Contract. The property has previously sold for £450,000 and is currently achieving £3,175.69 per month, providing an attractive 11% gross yield. With the potential to achieve £40,000-£45,000 per annum, this property is a high-yielding investment opportunity. The property benefits from ample storage, car parking, and a sought-after location with strong demand, as evidenced by recent local sales. The town of Alexandria offers a balance of a quieter lifestyle and proximity to Glasgow, with a close-knit community atmosphere and quality education facilities. This property is offered at a fantastic price to ensure an auction sale and is open to immediate offers.