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Block of flats
Park Road, Elgin IV30
£110,000
Park Road, Elgin IV30
£110,000
Price History
Initial price | £125,000 |
16/03/25 | £120,000 |
22/03/25 | £118,000 |
29/03/25 | £116,000 |
06/04/25 | £114,000 |
11/04/25 | £112,000 |
17/04/25 | £110,000 |
Price Change | -12.00% |
Description
This property is a block of three flats located in Lhanbryde, with tenants currently in situ, generating a steady annual gross income of £13,080. The flats feature a lounge, kitchen, three-piece bathroom, and convenient parking, with excellent local transport links. The current landlord is earning a rewarding rental return, and the new owner could increase the income to a market rate of £13,800 with the existing tenants. With a purchase price, this investment has the potential to be a worthwhile addition to an investor's portfolio, and further details can be found in the Let Property Pack.