1 bedroom flat for sale

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1 bedroom flat for sale

South Lumley Street, Grangemouth FK3
£59,000

Price History

Initial price £63,000
29/11/24 £61,000
13/12/24 £59,000
20/12/24 £65,000
02/01/25 £63,000
09/01/25 £61,000
16/01/25 £59,000
Price Change -6.35%

Description

This 1-bedroom flat in Grangemouth offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, and bathroom, and currently generates an annual gross income of £4,800. With long-term tenants already situated, the new owner could increase the income to a market rate of £7,248, making it a worthwhile addition to their portfolio. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention of moving out, ensuring a smooth transition for the new owner.