>
2 bedroom flat for sale
Briar Lea, Retford, DN22
£70,000
Briar Lea, Retford, DN22
£70,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 2-bedroom flat in Retford is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, rear garden space, and bathroom, making it a comfortable and functional home. Currently, the property generates an annual gross income of £6,420, but with some adjustments, the new owner could increase the rent to a market rate of £7,068. The current tenants have been long-term residents, paying their rent consistently, and have no plans to move out, making it an attractive option for investors. With its proximity to valuable amenities and potential for increased rental income, this property is a worthwhile addition to any portfolio.