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1 bedroom flat for sale
South Lumley Street, Grangemouth, FK3
£61,000
South Lumley Street, Grangemouth, FK3
£61,000
Price History
Initial price | £70,000 |
08/11/24 | £68,000 |
18/11/24 | £65,000 |
22/11/24 | £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 |
Price Change | -12.86% |
Description
This 1-bedroom flat in Grangemouth is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, lounge, kitchen, and bathroom, and is currently producing an annual gross income of £4,800. With the current tenants situated, the new owner has the potential to increase the income to a market rate of £7,248, making it a worthwhile addition to an investor's portfolio. The tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is a great opportunity for investors to grow their portfolio.