Hospitland Drive, Lanark ML11 1 bed flat for sale

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Hospitland Drive, Lanark ML11 1 bed flat for sale

Hospitland Drive, Lanark ML11
£54,000

Price History

Initial price £60,000
14/12/24 £58,000
21/12/24 £56,000
24/12/24 £54,000
03/01/25 £60,000
11/01/25 £58,000
17/01/25 £56,000
01/02/25 £54,000
Price Change -10.00%

Description

This 1-bedroom flat in Lanark is an attractive investment opportunity, offering a current annual gross income of £4,800 and potential to increase to £6,876 with long-term tenants already in place. The well-maintained property features a lounge, kitchen, and bathroom, and is situated close to amenities. With a current tenant who has consistently paid rent for several years and has no intention of moving out, this property presents a reliable and worthwhile addition to an investor's portfolio. The asking price is likely to generate a significant return on investment, making it an attractive option for those looking to expand their property portfolio.