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Hospitland Drive, Lanark ML11 1 bed flat for sale
Hospitland Drive, Lanark ML11
£54,000
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.