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Staindale Road, Scunthorpe DN16 1 bed flat for sale
Staindale Road, Scunthorpe, Lincolnshire, DN16
£80,000
Staindale Road, Scunthorpe, Lincolnshire, DN16
£80,000
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 from a tenant who has been in residence for several years and has consistently paid rent. With no intention to move out, this provides a stable and reliable source of income. The property's purchase price and potential rental income make it a worthwhile addition to any investor's portfolio, and Let Property is committed to facilitating a smooth transaction process.