Park Road, Elgin IV30 3 bed block of apartments for sale

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Park Road, Elgin IV30 3 bed block of apartments for sale

Park Road, Elgin IV30
£105,000

Price History

Initial price £112,000
17/04/25 £110,000
23/04/25 £108,000
30/04/25 £106,000
07/05/25 £105,000
Price Change -6.25%

Description

This property is a block of three flats located in Lhanbryde, currently occupied by tenants who are generating a steady annual gross income of £13,080. The property features a lounge, kitchen, three-piece bathroom, and convenient parking, as well as excellent local transport links. The current landlord is already receiving a rewarding rental return, and with some minor adjustments, the new owner could increase the income to a market rate of £13,800. This presents a fantastic investment opportunity for those looking to add to their property portfolio, with a worthwhile return on investment.