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Park Road, Elgin IV30 3 bed block of apartments for sale
Park Road, Elgin IV30
£105,000
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.