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Springwell Drive, Ellington NE61 3 bed terraced house for sale
Springwell Drive, Ellington NE61
£68,000
Springwell Drive, Ellington NE61
£68,000
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)
Description
This 3-bedroom terrace house in Morpeth is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property is currently producing an annual gross income of £5,700, but with some minor adjustments, the potential annual income could increase to £7,500. The property is already tenanted, with the current occupants having a good track record of timely rent payments and no plans to vacate. With a purchase price that offers a worthwhile return, this property presents a solid addition to an investor's portfolio.