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
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.