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Garmouth Road Lhanbryde, Elgin IV30 2 bed flat for sale
Garmouth Road Lhanbyrde, Elgin IV30
£76,000
Garmouth Road Lhanbyrde, Elgin IV30
£76,000
Price History
Initial price | £95,000 |
12/09/24 | £91,000 |
20/09/24 | £89,000 |
27/09/24 | £87,000 |
03/10/24 | £85,000 |
09/10/24 | £83,000 |
16/10/24 | £81,000 |
24/10/24 | £79,000 |
30/10/24 | £77,000 |
07/11/24 | £85,000 |
13/11/24 | £83,000 |
28/11/24 | £79,000 |
04/12/24 | £77,000 |
11/12/24 | £75,000 |
18/12/24 | £73,000 |
31/12/24 | £80,000 |
08/01/25 | £78,000 |
14/01/25 | £76,000 |
Price Change | -20.00% |
Description
This 2-bedroom flat in Elgin is a fantastic 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 produces an annual gross income of £5,700, but with the new owner, this could be increased to a market rate of £10,800 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no intention of moving out. With a current annual gross income of £5,700, this property offers a worthwhile addition to an investor's portfolio, and Let Property Sales is committed to facilitating a smooth transaction process.