Park Road, Elgin IV30 3 bed block of apartments for sale

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Park Road, Elgin IV30 3 bed block of apartments for sale

Park Road, Elgin IV30
£105,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This property is a block of three flats located in Lhanbryde, currently occupied by tenants who are generating a steady annual gross income of £13,080. The property features a lounge, kitchen, three-piece bathroom, and convenient parking, as well as excellent local transport links. The current landlord is already receiving a rewarding rental return, and with some minor adjustments, the new owner could increase the income to a market rate of £13,800. This presents a fantastic investment opportunity for those looking to add to their property portfolio, with a worthwhile return on investment.