2 bed flat

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2 bed flat

Denmilne Street, Glasgow G34
£54,000

Price History

Initial price £60,000
28/12/24 £58,000
04/01/25 £56,000
11/01/25 £54,000
Price Change -10.00%

Description

This 2-bedroom flat in Glasgow is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a modern kitchen, spacious lounge, and two bedrooms. Currently, it generates an annual gross income of £3600, but with a new owner, the potential for increased rental returns is significant, with a market rate of £9096 achievable with long-term tenants already in place. The current tenants have a good track record of paying rent on time and have no plans to move out, making for a smooth transition. With a competitive purchase price and the potential for increased returns, this property is a worthwhile addition to any investor's portfolio.