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Smithfield Meadows, ALLOA, FK10 1TE

Scotland

£195,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious three-bedroom detached villa is situated in the well-regarded Smithfield Meadows development in Alloa, presenting a valuable opportunity for those looking to invest in a property with significant renovation potential. Occupying a generous plot, the home features a driveway, a detached garage, and an enclosed rear garden that offers ample room for landscaping or outdoor improvements. Inside, the ground floor layout includes a bright front-facing lounge that provides natural light throughout the day. Adjacent to this space is a separate dining room that overlooks the garden, making it ideal for family meals or entertaining. The kitchen is fitted with essential amenities and offers sufficient worktop and storage space, though upgrades could enhance its functionality further. Upstairs, you'll find three well-proportioned bedrooms along with a family bathroom outfitted with both a bath and a separate shower enclosure. The layout is practical and flexible, allowing for personalization through renovations that can elevate the aesthetic appeal of the home. Externally, the property boasts low-maintenance gardens at the front and back. The large monoblock driveway not only accommodates multiple vehicles but also adds to the overall convenience of accessing this residence. While some internal updates are needed to modernize this home fully, its foundations are solid, making it an excellent candidate for investment. Whether you envision creating your dream family home or pursuing rental opportunities in this vibrant area, this property holds great promise. Alloa itself is steeped in history as a former industrial hub nestled along the River Forth and bordered by the picturesque Ochil Hills. Today, it thrives as a community with access to various amenities including supermarkets, independent shops, cafés, leisure facilities, and reputable schools. Cultural spots like Alloa Tower and proximity to the Clackmannanshire Heritage Trail enhance its appeal. Transport links are robust; Alloa railway station offers direct services to Stirling, Glasgow, and Edinburgh—perfect for commuters seeking easy access to larger cities. Road connections via the A907 lead smoothly to both the M9 and M876 motorways. Local bus services further connect Alloa with surrounding towns. With its blend of urban conveniences and scenic countryside nearby, Alloa presents an attractive locale for families and professionals alike—making this property not just a house but an investment opportunity within a thriving community.

Investment Analysis

(FK10 area)
Area Average
£175/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
71%
Properties sold annually

Local Market Trend (FK10)

Area prices are rising by +13.4% over the last 12 months
3 year growth: 16.5%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on FK10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Smithfield Meadows, ALLOA, FK10 1TE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£714
Based on a loan of £146,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE