Crossgates, Larkhall ML9 1 bed flat for sale

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Crossgates, Larkhall ML9 1 bed flat for sale

Crossgates, Larkhall, ML9
£48,000

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 an excellent investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and one bedroom. Currently, it generates an annual gross income of £5040, which could be increased to a market rate of £7236 with long-term tenants already in place. The tenants have been consistently paying their rent for several years and have no intention of moving out, making for a stable and lucrative investment. With a worthwhile addition to an investor's portfolio, this property offers a fantastic chance to increase returns while minimizing the risk of vacancy.
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