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
£88,200

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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, and shared parking. Currently, it produces an annual gross income of £7,980 with a tenant already in situ, and with its purchase price and potential rental income, it would make a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years and have consistently paid their rent, with no intention to move out. The property is close to valuable amenities and Let Property is committed to facilitating a smooth transaction process between buyer and seller.