1 bed flat

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1 bed flat

South Lumley Street, Grangemouth FK3
£61,000

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
Price Change -3.17%

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 lounge, kitchen, and bathroom, with a current annual gross income of £4,800. With long-term tenants already in situ, the new owner could increase the rental income to a market rate of £7,248, making it a worthwhile addition to an investor's portfolio. The tenants have been paying rent consistently for several years and have no intention of moving out, ensuring a smooth transition for the new owner. With a Let Property Pack available for more details, this is a great chance for investors to secure a rewarding rental return.