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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 |
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.