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1 bedroom flat for sale
Govanhill Street, Glasgow G42
£68,000
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.