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1 bedroom flat for sale
Hospitland Drive, Lanark, ML11
£58,000
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.