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2 bedroom flat for sale
Kensington Road, Scunthorpe, DN15
£46,000
Kensington Road, Scunthorpe, DN15
£46,000
Our Summary
- For greater details on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom flat in Scunthorpe is a great investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £5,640, but with some tweaks, the new owner could increase this to a market rate of £8,040. The flat is well-maintained and features a spacious lounge, 2 bedrooms, and a garden ground space. The current tenants, who have been living in the property for several years, are happy to stay on, providing a stable and predictable income stream for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.