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1 bed property, in Wellgate, £50,000
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1 bed flat

Wellgate, Lanark, Lanarkshire, ML11
£50,000

Our Summary

  • Clear rental uplift potential
  • Turnkey investment opportunity
  • Harlow Homes are delighted to present this 2-unit investment opportunity at Wellgate, Lanark, forming part of a wider 7-unit portfolio available as a whole

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Description

The property is a 2-unit investment opportunity located at 18 Wellgate, Lanark. The units are one-bedroom flats that generate £905 per calendar month (£10,860 annually) at current rents, with market rent potential of £1,050 per calendar month (£12,600 annually). The property is situated in a central Lanark position with strong rental fundamentals, accessing local amenities and transport links to Glasgow.