Wilson Street, Alexandria G83 2 bed apartment for sale

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Wilson Street, Alexandria G83 2 bed apartment for sale

Wilson Street, Alexandria G83
£55,000

Price History

Initial price £75,000
04/12/24 £65,000
22/01/25 £60,000
17/04/25 £50,000
23/04/25 £45,000
19/09/25 £55,000
Price Change -26.67%

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.