FOR SALE BY ONLINE AUCTION THURSDAY 23RD MARCH 2023 AT 9.00AM. Fantastic one bedroom flat in Alexandria - would make an excellent investment opportunity. Situated within a high tenant demand area, with a potential end market rental income of £6,000 per annum (£500pcm) delivering a yield of 9% at guide price.
Online Property Auctions Scotland are delighted to present this one bedroom flat, situated in a residential pocket of Alexandria, Dunbartonshire. The property would make an excellent addition to an investment portfolio, with a potential end market rent of £6,000 per annum. The property is comprised of entrance hallway, living room, kitchen, bedroom and bathroom and is approximately 45 meters squared.
Perfectly situated for a host of nearby amenities including a wide variety of shops, cafes, supermarkets and bars. The flat further benefits from being a short distance from the A82 which gives access to the likes of Fort William. The A82 also connects the the M8 motorway, providing access to the nearby cities of Glasgow and Edinburgh.
Rarely brought to auction, this property offers an excellent investment for those looking to add to their portfolio. Based in a high tenant demand area with excellent amenities, this property could deliver an end-market rental income of £500pcm.
• Sought after, residential area
• High tenant demand area
• Rarely available in auction
• Close to excellent amenities
• Potential rental figure of £6,000 per annum
• Potential rental yield of 9% based on current guide price
Nearby sold prices:
60 Beechwood Drive, Alexandria, G83 9NP sold: (October 2020) £150,000
16 Beechwood Drive, Alexandria, G83 9NP sold: (August 2019) £160,000
22 Beechwood Drive, Alexandria, G83 9NP sold: (June 2019) £195,000
40 Beechwood Drive, Alexandria, G83 9NP sold: (August 2018) £125,000
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 mi north-west of Glasgow.
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Potential end market rental income of £500pcm, delivering a yield of 9% at guide price
High tenant demand area
Excellent opportunity, rarely brought to auction
* 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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