1 bedroom flat for sale

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1 bedroom flat for sale

Clark Street, Airdrie ML6
£55,000

Price History

Initial price £65,000
13/08/24 £61,000
22/08/24 £59,000
29/08/24 £57,000
08/09/24 £55,000
Price Change -15.38%

Description

This 1-bedroom flat in Airdrie is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious bedroom, lounge, kitchen, and garden ground space. Currently, it produces an annual gross income of £4,500, which could be increased to a market rate of £66,000 with long-term tenants already in place. The tenants have been consistently paying rent for several years and have no plans to move out, making it a stable and lucrative investment. With a competitive purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio.