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2 bedroom semi-detached house for sale
Castle Road, Prudhoe NE42
£93,000
Castle Road, Prudhoe NE42
£93,000
Our Summary
- 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 2-bedroom semi-detached house in Prudhoe is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, rear garden, and private driveway. Currently, it produces an annual gross income of £6,000, but with some adjustments, the potential rental income could increase to £8,544. The property has a long-term tenant in place, who has been paying rent consistently for several years and has no intention of moving out. With a purchase price and rental income that align, this property could be a worthwhile addition to an investor's portfolio.