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Stranraer DG9 1 bed apartment for sale
Stranraer DG9
£65,000
Stranraer DG9
£65,000
Our Summary
- Monthly rental are £320pcm, £315pcm and £350pcm (combined- £985pcm)*Auction Details01 May 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- AUCTION DATE: 01 May 2025
Description
This is an immediate income-producing investment opportunity comprising three tenanted properties located in the same building in Stranraer, a popular port town. The properties, 19A, 19B, and 19C, are rented out to settled long-term tenants, generating a combined annual rental income of £11,820, which represents a 14.75% yield against the current guide price. The properties have been renovated to a high standard, featuring gas central heating, new double-glazed windows, and recently carpeted throughout. The tenants pay £320, £315, and £350 per month, respectively, resulting in a total monthly rental income of £985. This is an outstanding return on investment in a popular rental spot, making it an attractive opportunity for investors seeking a steady income stream.