Crossgates, Larkhall ML9 1 bed flat for sale

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Crossgates, Larkhall ML9 1 bed flat for sale

Crossgates, Larkhall, ML9
£46,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Larkhall is a great investment opportunity, located close to amenities and currently generating an annual gross income of £5040. The property is well-maintained and features a spacious lounge, modern kitchen, and 1 bedroom. With long-term tenants already in place, the new owner can increase the rental income to a market rate of £7236, making it a worthwhile addition to an investment portfolio. The tenants have been consistently paying their rent for several years and have no intention of moving out, ensuring a smooth transition for the new owner. With its potential for increased rental income and reliable tenants, this property is a great opportunity for investors looking to expand their portfolio.