Staindale Road, Scunthorpe DN16 1 bed flat for sale

>

Staindale Road, Scunthorpe DN16 1 bed flat for sale

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.