1 bedroom flat for sale

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1 bedroom 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
Price Change -8.57%

Description

This 1-bedroom flat in Coatbridge is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, three-piece bathroom, and double-glazed windows. Currently, it generates an annual gross income of £4,800, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £8,400. The property has a stable tenant base, with the current occupants having lived there for several years and paying rent consistently. With a purchase price that offers a worthwhile return, this flat is an attractive addition to any investor's portfolio.