2 bedroom flat for sale

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2 bedroom flat for sale

Kensington Road, Scunthorpe, DN15
£50,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Scunthorpe is a fantastic investment opportunity, with a tenant currently in situ and producing an annual gross income of £5,640. The property features 2 bedrooms, a garden ground space, and a spacious lounge, and has the potential to increase its rental income to £8,040 with the right management. The current tenants have been living in the property for several years and have a consistent payment history, making it a low-risk investment. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.