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Watersmeet, Retford DN22 1 bed flat for sale
Watersmeet, Retford DN22
£81,000
Watersmeet, Retford DN22
£81,000
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 1-bedroom flat in Retford is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable living space with one bedroom, lounge, kitchen, and bathroom. Currently, it produces an annual gross income of £7,500, which could be increased to a market rate of £6,492 with long-term tenants already in place. The tenants, who have lived in the property for several years, have a good payment history and intend to remain in the property. With a purchase price that makes for a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and a smooth transaction process facilitated by Let Property.