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For sale by online auction Thursday 8th February 2024 at 9.00AM. Vacant one bedroom flat in Alexandria. Circa 52sqm. Requires internal modernisation. Potential end-market rental value of £450pcm, providing a yield of 13.5% at Guide Price. Ideal development/Buy-to-Let opportunity. Home Report value of £50,000.
Online Property Auctions Scotland present to market this rare investment opportunity in the popular town of Alexandria. This one bedroom flat is comprised of an entrance hallway, large living room, separate kitchen, double bedroom and bathroom with three-piece suite.
There is potential for an end-market rental value of £450pcm with some internal modernisation, providing an impressive yield of 13.5% at Guide Price.
- Vacant one bedroom flat in popular residential area
- Requires internal modernisation
- Huge £10,001 saving against Home Report Value
- Potential end-market rental value of £450pcm
Nearby sales include:
15 Dillichip Terrace - Sold for £54,000 Aug 22
2 Dillichip Terrace - Sold for £71,500 May 23
18 Dillichip Terrace - Sold for £60,000 Nov 20
The town of Alexandria sits close to the beautiful Loch Lomond. The town features cafes, supermarkets and various schools. Nearby, sits Loch Lomond shores and Dumbarton castle. The town of Alexandria benefits from having transport links including the A82 which give access to nearby towns and cities. Alexandria is a town in West Dunbartonshire, Scotland. The town is on the River Leven, three miles north of Dumbarton and 15 miles north-west of Glasgow.
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