SALE BY ONLINE AUCTION THURSDAY 1ST JULY 2021 AT 9.00AM
· ***First time for sale as individual unit in over 30 Years***Traditional tenement flat*** 2 bedrooms, living room / kitchen & bathroom***Central Stirling City Location ***MUST BE SOLD AT AUCTION 1ST JULY 2021*** Rarely brought to market at Discounted Guide Price*** Estimated Achievable Rent: £750pcm (£9000 per annum) *** Asset Management Sale Instruction***
INTERNAL PHOTOS AND LEGAL DOCUMENTATION TO FOLLOW SOON...
· This fantastic property comprises: 2 bedrooms, open plan living room / kitchen & bathroom*** The property requires a degree of internal modernisation*** The property is being sold subject to a tenancy*** Opposite student housing development*** Fabulous location with Strong Tenant and Purchaser Demand ***
· 9A Bruce St Sold £85k (March 21)** 17C Bruce St Sold £94,232 (Nov 20)*** 5 Bruce St Sold £84k (Sept 20)*** 3 Bruce St Sold £87,700 (Sept 20)*** 19a Bruce St Sold £95k (Oct 19)*** 5E Bruce St Sold £93,259 (Oct 19)*** 15D Bruce St Sold £90,100 (Jan 19)***
· This fabulous property is located close to the Vibrant Stirling City Centre***Near Stirling Castle ***Ideal For Rental With Exceptionally Strong Student tenant demand from Stirling University (Circa 14,000 students) with increasing numbers of Foreign Students***
· Ideally located close to the city centre of Stirling*** Stirling Train Station & The Thistle’s Shopping Centre are within walking distance*** Great Motorway Network linking Stirling to Glasgow (26 Miles) & Edinburgh (37 Miles)*** Sure to Attract Substantial Interest From Developers & Investors alike)
***First time for sale as individual unit in over 30 years*** 2 Bedroom flat in popular location with strong investment credentials*** Professionally managed property ***The property is being sold subject to a tenancy***All available tenancy details will be made available in the legal pack*** Stirling is a historic city in the centre of Scotland. It is strategically situated 6 miles (42 km) north-east of Glasgow and 37 miles (60 km) north-west of the Scottish capital Edinburgh & is renowned as the Gateway to the Highlands. Stirling had a population of 48,440 (2012 census). Critically, circa half of Scotland's population live within an hour's travel time of Stirling. Nearby Scottish historical landmarks include Stirling Castle & the Wallace Monument. The University of Stirling is a vital ingredient regarding property demand within Stirling. Currently there are over 14,000 students studying at the university of Stirling, of which 10,300 are undergraduates and 3,800 are postgraduates. There are 120 nationalities represented on the university campus, with 20% of students coming from overseas. Stirling has international degree programme partnerships in China with Hebei Normal University, Singapore with Singapore Institute of Management, Oman and Vietnam. This property is located opposite student halls of residence and is well within the popular student catchment area. This location benefits from strong demand from investors in student properties and parents buying properties for their children to live in whilst at university. This is also an area which has strong demand from 1st time buyers.
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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