6 Bedrooms Flat for sale in 8, Union Road, Grangemouth FK38Ab FK3 | £ 59,000
Overview
| Price: | £ 59,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Falkirk |
| Town: | Grangemouth |
| Postcode: | FK3 |
| Address: | 8, Union Road, Grangemouth FK38Ab FK3 |
| Bathrooms: | 0 |
| Bedrooms: | 6 |
Property Description
***Massive former hmo in Popular Rental district ***2 storey Duplex Flat with Strong Tenant Demand***The property comprises 6 Large Bedrooms, boxroom, bathroom & a separate Dining Kitchen***Ready to Re-Let with GCH & D/G*** Estimated Rental income of circa £20,000 per annum (rented as bedsits)***Highly Sought after Town Centre Location*** Substantial 2 storey Upper Duplex Flat in the popular town of Grangemouth. This flat comprises: 7 Main Rooms, a separate boxroom, a main Bathroom and a further toilet***Previously operated as a house of multiple occupancy***This use could be re established creating a potentially lucrative income stream in excess of £20,000 per annum***Over 33% gross rental return at Guide Price*** ***Expected residential rental yield of 33%***Ready to be re-let as rental property***Popular destination for transient workers seeking short term bedsit accommodation*** Grangemouth is one of the Main Ports in the United Kingdom & Has the Largest container terminal in Scotland***huge tenant demand*** 100% Prime Town Centre Rental Location***being sold by asset managers***This property was previously sold for £80,000 (May 2015)***3 Union Road Sold £70k**32 Union Road Sold £78k*** Incredible Opportunity to create a very high yielding House of Multiple Occupancy Investment*** Grangemouth Refinery is one of only 6 oil refinery’s in the U.K and the only 1 in Scotland***It is a major Regional employer and makes an enormous contribution to the Scottish economy*** established location for transient workers*** Whyte & Mackay have of their main modern, purpose built, production and distribution facilities in Grangemouth** This property being offered for sale by asset managers is an exceptional opportunity to acquire a former House of multiple occupancy that could easily be re-established with a potential Yield in excess of 33%*** With Strong tenant demand from local Working Population***
Property Location
Property Marketed by Future Property Auctions
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