1 bedroom flat for sale

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1 bedroom flat for sale

Fairholmes Way, Thornton-Cleveleys, Lancashire, FY5
£76,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 1-bedroom flat in Fairholmes Way offers a fantastic investment opportunity for those looking to expand their portfolio. The property features a comfortable 1 bedroom, 3-piece bathroom, lounge, kitchen, and single garage, and is currently producing an annual gross income of £5,100. With long-term tenants already in situ, the new owner has the potential to increase the rent to a market rate of £7,200, making it a worthwhile addition to an investment portfolio. The current tenants have a good payment history and have no plans to move out, ensuring a smooth transition for the new owner.
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