Freehold three-bedroom flat with private rear garden and rear access
Requires full renovation throughout; major works likely needed
Modest internal size — approximately 784 sq ft (small overall footprint)
Home report valuation £90,000; EPC rating D
Town-centre location near shops, schools and public transport links
Area classified as very deprived — may affect rental/resale timing
On-street parking only; rear parking/yard access noted
Affordable council tax band C
This three-bedroom flat on Stirling Street, Alva, is a clear refurbishment opportunity for investors or ambitious buyers. Set on a generous plot with a private rear garden and rear access, the property offers scope for landscaping, reconfiguring internal space, or creating mixed-use accommodation to capture local footfall from the town centre.
The building requires full renovation throughout: mechanical, electrical, cosmetic and likely refit of kitchen and bathroom. EPC rated D and the home report value at £90,000 highlight current condition; buyers should budget for comprehensive works. The overall internal size is modest (approx. 784 sq ft), so plans should prioritise efficient layout and value-added changes.
Location is a practical strength — town-centre position close to shops, schools and transport, with potential demand for short-term rental or conversion to a higher-yield unit given the commercial activity nearby. On-street parking only, but rear parking/yard access is noted. The area is categorised as very deprived, which can reduce purchase price but may impact rental levels and resale timing.
In short, this freehold property is best for a developer, investor or hands-on buyer seeking a project with upside. Expect to invest in full renovation and to plan carefully around size constraints and local market conditions to maximise return.