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Oaktree Terrace, Prudhoe NE42 2 bed terraced house for sale
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 a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and rear garden space. Currently, it generates an annual gross income of £7,200 with tenants already situated, and considering the potential rental income in future years, it's a worthwhile addition to an investor's portfolio. The tenants have been living in the property for several years, consistently paying their rent, and have no intention of moving out, making for a smooth transaction process. With its proximity to valuable amenities and potential for rewarding rental returns, this property is an attractive option for investors.