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2 bedroom flat for sale
Gadwall Way, Scunthorpe DN16
£75,000
Gadwall Way, Scunthorpe DN16
£75,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom flat in Scunthorpe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, kitchen, and an ensuite, making it a great rental property. Currently, it generates an annual gross income of £6,600, which has the potential to increase to £10,200 with the right tenant. The property already has a long-term tenant in place, who has consistently paid their rent for several years and has no intention of moving out. With a purchase price that offers a worthwhile return, this property is a great addition to any investment portfolio.