- Seller type
- Property type
- Number of beds
- 1115 days ago
This is a golden opportunity if you're a buy-to-let landlord looking to add an extremely secure and low-maintenance lease to your portfolio.
Situated in central Alloa near the supermarkets and train station, this is a Victorian ground floor main door flat with 1 bedroom. Good condition inside and out, with own front and back garden areas. It's currently let to Clacks Council, with 9.5 years of a 10 year lease still to run. The council maintain, repair, re-decorate and re-carpet the property as required. As landlord, your only obligations are to keep the exterior wind and water-tight and maintain the gas CH boiler (a brand new Worcester Bosch combi was installed in November, with 5 year warranty).
You would have absolutely no contact with the occupants, which means guaranteed rent, no fallow periods, no tenant complaints and hassles, no need to obtain references or pay letting agency fees. Current rent is £960 per quarter, paid in advance. Landlord heaven!
I'm looking for as close to market value as possible. In return, you'll be buying as near to a guaranteed, hassle-free rental income as it's possible to get. If you're interested, please get in touch.