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Wilson Street, Alexandria G83 2 bed apartment for sale
1 Wilson Street, Alexandria, G83 0EG
£55,000
1 Wilson Street, Alexandria, G83 0EG
£55,000
Our Summary
- *HIGH YIELD POTENTIAL*Property offers fantastic capital growth potential
- *Property is in READY WALK-IN CONDITION and is PRICED FOR FAST AUCTION SALE
- *The local area has shown some great sales evidence recently showing there is strong demand:* 34 Hill Street, Alexandria, Dunbartonshire G83 0DU previously sold for £120,000 in 2022, 6 Smollett Street, Alexandria, G83 0DS previously sold for £115,700 in 2022 *Property offers Fantastic Capital growth potential
- Potential to be converted back into a 3 bed flat, and potential to be used as a serviced accommodation with similar properties in the area renting at £90 per night
- 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
- Property offers Fantastic Capital growth potential
Description
This 2-bedroom apartment in Alexandria, Dunbartonshire, is a fantastic investment opportunity with high yield potential. The property is priced at an attractive guide price of £75,000 and could achieve a rental income of £700-800 per month, providing a gross yield of 11-12%. The property is in ready-to-move-in condition and is situated in a desirable area with easy access to local amenities, restaurants, schools, and sports facilities. The area has shown strong demand recently, with nearby properties selling for £120,000 and £115,700 in 2022. Additionally, the property has potential to be converted back into a 3-bedroom flat or used as a serviced accommodation, providing an annual gross return of £23,000. The property will be featured in an upcoming timed online auction, and interested buyers can participate by creating a bidding account.