Eglinton Street, Coatbridge ML5 1 bed flat for sale

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Eglinton Street, Coatbridge ML5 1 bed flat for sale

Eglinton Street, Coatbridge ML5
£64,000

Price History

Initial price £70,000
26/06/24 £64,000
09/07/24 £70,000
22/07/24 £68,000
02/08/24 £64,000
09/08/24 £70,000
17/08/24 £68,000
25/08/24 £66,000
08/09/24 £64,000
29/09/24 £68,000
06/10/24 £66,000
08/10/24 £64,000
15/10/24 £70,000
22/10/24 £68,000
29/10/24 £66,000
05/11/24 £64,000
12/11/24 £70,000
19/11/24 £68,000
26/11/24 £64,000
03/12/24 £70,000
10/12/24 £68,000
18/12/24 £66,000
31/12/24 £64,000
07/01/25 £70,000
14/01/25 £68,000
29/01/25 £66,000
26/02/25 £64,000
Price Change -8.57%

Description

This 1-bedroom flat in Coatbridge offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, three-piece bathroom, and double-glazed windows. Currently producing an annual gross income of £4,800, the new owner could increase this to a market rate of £8,400 with the long-term tenants already in situ. With a purchase price that will yield a worthwhile return, this property is an attractive addition to any investment portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, ensuring a smooth transition for the new owner.