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Garmouth Road Lhanbryde, Elgin IV30 2 bed flat for sale
Garmouth Road Lhanbryde, Elgin IV30
£74,000
Garmouth Road Lhanbryde, Elgin IV30
£74,000
Price History
Initial price | £95,000 |
04/09/24 | £93,000 |
12/09/24 | £91,000 |
20/09/24 | £89,000 |
30/09/24 | £87,000 |
07/10/24 | £85,000 |
10/10/24 | £83,000 |
17/10/24 | £81,000 |
26/10/24 | £79,000 |
30/10/24 | £77,000 |
07/11/24 | £85,000 |
13/11/24 | £83,000 |
20/11/24 | £81,000 |
28/11/24 | £79,000 |
04/12/24 | £77,000 |
11/12/24 | £75,000 |
19/12/24 | £73,000 |
01/01/25 | £80,000 |
08/01/25 | £78,000 |
15/01/25 | £76,000 |
29/01/25 | £74,000 |
Price Change | -22.11% |
Description
This 2-bedroom flat in Elgin is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it generates an annual gross income of £5,700, which has the potential to increase to £10,800 with long-term tenants already in place. The current tenants have been consistently paying their rent for several years and have no intention of moving out, making for a smooth and lucrative investment. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investor's portfolio.