2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Chester Square, Lynemouth NE61
£65,000

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 Morpeth is a fantastic investment opportunity, offering a current annual gross income of £4,500 with tenants already in situ. The well-kept home features 2 bedrooms, a three-piece bathroom, lounge, kitchen, and garden space, making it an attractive option for investors looking to expand their portfolio. The current tenants have been renting the property for several years and have consistently paid their rent, with no intention to move out, providing a stable and predictable income stream. With its proximity to valuable amenities and potential for future rental income growth, this property is a worthwhile addition to any investor's portfolio.