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1 bed flat
South Lumley Street, Grangemouth FK3
£61,000
South Lumley Street, Grangemouth FK3
£61,000
Price History
Initial price | £63,000 |
29/11/24 | £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. However, with long-term tenants already situated, the new owner could increase the rent to a market rate of £7,248, making it a worthwhile addition to an investor's portfolio. The current tenants have a good track record of paying rent on time and have no plans to move out, ensuring a smooth transition for the new owner. With Let Property Sales committed to facilitating a smooth transaction process, this is an excellent chance to secure a reliable and lucrative investment property.