2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Princes Street, Cleator, CA23
£52,000

Our Summary

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

Description

This 2-bedroom mid-terraced house in Cleator is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, kitchen, and bathroom. It currently produces an annual gross income of £5,700, which could be increased to a market rate of £7,560 with long-term tenants already in situ. The tenants have been consistently paying rent for several years and have no plans to move out, making for a stable and rewarding rental return. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is an excellent choice for those looking to generate passive income.
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