Park Road, Lhanbryde, Elgin, IV30

3 bedroom Multi-Unit Property in Lhanbryde

For Sale
Offers Over £105,000
Current Yield 8.7 %
Potential Yield 9.2 %
Property Reference: 211726905
  • Multi-Unit Property
  • 3 Bedrooms
  • 3 Bathrooms
  • 3 Receptions

Property Features

Property Features

  • Block of 3 Flats
  • Buy-to-Let Opportunity
  • Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Formerly a commercial property, this space is now designated as a garden area
  • Well-Maintained Properties
  • Parking Available
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A Block of 3 Flats located in Lhanbryde with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The portfolio features a lounge, a kitchen, a three-piece bathroom, convenient parking availability, and fantastic local transport links throughout.

Investment details

The portfolio currently produces an annual gross income of £13,080, which could be increased by the new owner to a market rate of £13,800 with the tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales is committed to facilitating a smooth transaction process and to allowing for maximum commitment to the sale from both parties; a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Helpful Information

Property Reference: 211726905

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £1090
  • Potential Rent pcm: £1090
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years+
  • Tenants means of funding: Employment
Property Reference: 211726905
Property Reference: 211726905

Property Location

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Request DetailsPark Road, Lhanbryde, Elgin, IV30

Offers Over £105,000

Make an offer
Park Road, Lhanbryde, Elgin, IV30

Listing Price

Offers Over £105,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.