Red Lumb, Rochdale OL12 1 bed flat for sale

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Red Lumb, Rochdale OL12 1 bed flat for sale

Red Lumb, Rochdale OL12
£84,000

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 Rochdale offers a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £7,980 with a tenant already in situ, and has the potential to increase in value over time. The flat is well-maintained and features a lounge, kitchen, bathroom, and shared parking. The current tenants have been reliable and have no plans to move out, making for a smooth transition for the buyer. With its proximity to amenities and potential for long-term rental returns, this property is an attractive option for investors seeking a worthwhile addition to their portfolio.