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The Fairways, Scunthorpe 1 bed townhouse for sale
The Fairways, Scunthorpe DN15
£69,950
The Fairways, Scunthorpe DN15
£69,950
Our Summary
- This property is classed as a quarter town house, providing a one-bedroom house, but with a potential to being a two-bedroom house, the property located in the Lodge Moor estate, on The Fairways, and is currently occupied by a long term tenant
- The property currently produces an annual gross income of £5,340, although it does have the potential to be increased by the new owner to a market rate of between £7,000 - £8000 with long-term tenants currently situated
Description
This property presents a great opportunity for investors, first-time buyers, or those looking to add to their portfolio. The quarter townhouse, located in the Lodge Moor estate, has a long-term tenant currently in situ, generating an annual gross income of £5,340. The property features a large double bedroom and bathroom on the first floor, as well as an open lounge with kitchen, including integrated cooker and hob. With off-road parking, a front and side garden, and proximity to local amenities, this property offers a great balance of functionality and affordability. With potential to increase the annual income to a market rate of between £7,000-£8,000, this property is a great investment opportunity.