Westwell Close, Orpington BR5 1 bed flat for sale

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Westwell Close, Orpington BR5 1 bed flat for sale

Westwell Close, Orpington, BR5
£150,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • 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 Orpington offers a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £12,600 with a tenant already in situ, and has the potential to produce even higher returns in the future. The well-maintained home features a lounge, kitchen, bathroom, and parking, making it an attractive option for investors. The current tenants, who have been in the property for several years, have a good track record of paying their rent on time and have no intention of moving out, ensuring a stable and predictable income stream. With its strong rental returns and tenant in place, this property is a worthwhile addition to any investment portfolio.