Staindale Road, Scunthorpe DN16 1 bed flat for sale

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Staindale Road, Scunthorpe DN16 1 bed flat for sale

Staindale Road, Scunthorpe, Lincolnshire, DN16
£75,000

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
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Scunthorpe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a 1-bedroom, three-piece bathroom, lounge, kitchen, driveway, patio, and garden space. Currently, the property generates an annual gross income of £7,200 with tenants already situated, who have a long-term lease and have consistently paid their rent. With a potential rental income that could increase in future years, this property is a worthwhile addition to an investor's portfolio. The seller is committed to a smooth transaction process, making it an attractive option for buyers looking for a hassle-free investment.