1 bedroom flat for sale

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1 bedroom flat for sale

Hospitland Drive, Lanark, ML11
£58,000

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
Price Change -3.33%

Description

This 1-bedroom flat in Lanark is a fantastic investment opportunity, with a current tenant in place and generating an annual gross income of £4,800. The property is well-maintained and features a lounge, kitchen, and bathroom, offering a comfortable living space. The current tenants have been long-term residents, paying rent consistently for several years and showing no intention to move out. With a market rate potential income of £6,876, this property has the potential to increase returns for the new owner. The property is located close to amenities, making it an attractive option for investors looking to expand their portfolio.