Cobden Street, Kettering NN16 1 bed flat for sale

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Cobden Street, Kettering NN16 1 bed flat for sale

Cobden Street, Kettering NN16
£95,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Kettering offers a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, currently producing an annual gross income of £7,800. With the existing tenants in place, the new owner could increase the income to a market rate of £11,460, making it a worthwhile addition to an investor's portfolio. The property features one bedroom, a lounge, kitchen, and three-piece bathroom, as well as on-street parking and a shared rear garden. The current tenants have been residing in the property for several years and have consistently paid their rent on time, with no plans to move out, ensuring a smooth transition for the new owner.