1 bedroom flat for sale

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1 bedroom flat for sale

Govanhill Street, Glasgow G42
£68,000

Price History

Initial price £70,000
15/05/24 £68,000
23/05/24 £75,000
30/05/24 £68,000
Price Change -2.86%

Description

This 1 bedroom flat in Glasgow is an excellent investment opportunity for investors, as it is located near amenities, generates strong rental returns, and has a long-term tenant in place. The property features a bedroom, lounge, kitchen, and ensuite, and currently produces an annual gross income of £5,700. The purchase price is reasonable, and with the potential to increase the rent to a market rate of £8,940, this property could be a valuable addition to an investor's portfolio. The current tenants have lived in the property for several years and have a consistent payment history, providing a sense of stability and security for the investor.