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Middle Close, Swadlincote DE11 1 bed flat for sale
Middle Close, Swadlincote DE11
£150,000
Middle Close, Swadlincote DE11
£150,000
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
- 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 Swadlincote is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, lounge, kitchen, ensuite, and shared parking. Currently, it generates an annual gross income of £8,040 from a tenant who has been living there for several years and has consistently paid rent. With no intention to move out, the tenant provides a stable income stream. The property's potential rental income and purchase price make it a worthwhile addition to an investor's portfolio, offering a rewarding return on investment.