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Market Street, Morecambe LA4 1 bed flat for sale
Market Street, Morecambe, Lancashire, LA4
£105,000
Market Street, Morecambe, Lancashire, LA4
£105,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Morecambe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable bedroom, modern bathroom, spacious living room, and functional kitchen. Currently, it produces an annual gross income of £9,000 with tenants already situated, making it a worthwhile addition to an investor's portfolio. The tenants have lived in the property for several years and have consistently paid their rent, with no intention to move out. The seller is committed to facilitating a smooth transaction process, making this a great opportunity for investors to secure a rewarding rental return.