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De Walden Square, Morpeth NE61 2 bed terraced house for sale
De Walden Square, Morpeth, NE61
£117,600
De Walden Square, Morpeth, NE61
£117,600
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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom terraced house in Morpeth offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious lounge, well-fitted kitchen with dining space, three-piece bathroom, private rear garden, and on-street parking. Currently, the property generates an annual gross income of £7,200 with tenants already situated, making it a worthwhile addition to an investor's portfolio. The tenants have consistently paid their rent and have no intentions to move out, ensuring a smooth transition for the new buyer. With its proximity to valuable amenities and potential for future rental income, this property is an excellent choice for investors seeking a rewarding return on their investment.