Summary - Cobden Street, Alva, Clackmannanshire, FK12 FK12 5EZ
Guide price £55,000 with Home Report value £75,000
Potential rent c. £795 PCM; projected gross yield over 16%
Three bedrooms, sitting room, kitchen and one bathroom
Requires renovation and general modernisation throughout
EPC rating E — may limit some tenant types and rates
Tenure unknown and property sold at auction — check legal pack
Area recorded as very deprived — consider management implications
Fast broadband; average mobile signal
A three-bedroom maisonette on Cobden Street, Alva, offered for renovation and sale by auction. The accommodation includes a sitting room, kitchen, bathroom and three bedrooms. The property is presented as a fixer-upper and will suit an investor or a first-time buyer prepared to carry out works.
At the guide price of £55,000 the property projects a rental income around £795 PCM, giving a potential gross yield of over 16% based on that purchase price. The Home Report lists a valuation of £75,000 and the EPC rating is E. Broadband speeds are reported as fast and mobile signal average.
Location is practical for access to local shops, schools and bus routes to Stirling; the M9 is within approximately five miles for wider commuting. The surrounding area classification indicates ageing communities and families, and the immediate area is recorded as very deprived — factors to weigh for long-term rental demand and management.
Buyers should note material negatives plainly: the property needs renovation, tenure is unknown, it will be sold at auction and the EPC is not high. These affect immediate occupancy and finance options but also create scope for value uplift if remediation and improvements are completed.
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2 bedroom maisonette for sale in Cobden Street, Alva, Clackmannanshire, FK12 — £60,000 • 2 bed • 1 bath • 753 ft²
1 bedroom flat for sale in Craigleith Terrace, Alva, FK12 — £54,995 • 1 bed • 1 bath • 443 ft²
Land for sale in Queen Street, Alva, FK12 — £75,000 • 1 bed • 1 bath
2 bedroom terraced house for sale in Shaftesbury Street, Alloa, FK10 — £113,000 • 2 bed • 1 bath • 792 ft²
