1 bedroom flat for sale

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1 bedroom flat for sale

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
Price Change -12.86%

Description

This 1-bedroom flat in Grangemouth offers a fantastic investment opportunity for those looking to expand their portfolio. The property is currently producing an annual gross income of £4,800, but with long-term tenants already in place, the new owner could increase this to a market rate of £7,248. The property itself is well-kept and features one bedroom, a lounge, a kitchen, and a bathroom. With a tenant already situated, the current owner can benefit from a steady income stream, and the property's location near valuable amenities makes it an attractive option for potential renters. With the purchase price and potential rental income, this property is a worthwhile addition to any investor's portfolio.