1 bedroom flat for sale

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1 bedroom flat for sale

Holborn Hill, Millom, LA18
£50,000

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 Millom is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, open-plan kitchen and dining area, three-piece bathroom, and communal front garden space with shared private parking. Currently, the property is generating an annual gross income of £4,440 with tenants already situated, and with the potential for future rental income, this could be a worthwhile addition to an investor's portfolio. The current tenants have consistently paid their rent and have no plans to move out, making for a smooth transition for the buyer.