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2 bed terraced house
Oaktree Terrace, Prudhoe NE42
£83,000
Oaktree Terrace, Prudhoe NE42
£83,000
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 2-bedroom terrace house in Prudhoe is an excellent investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £7,200 through a tenant who has been in situ for several years and has a proven track record of paying rent on time. The property is well-maintained and features a lounge, kitchen, and rear garden space, making it a desirable and profitable investment. With a current tenant in place, the property is ready to be sold and transferred to a new investor, making the transition as smooth as possible.