2 bed flat

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2 bed flat

Stamfordham Court, Ashington NE63
£70,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Ashington is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two bedrooms, a lounge, a triple-fixture bathroom, a kitchen, and allocated parking. Currently, it produces an annual gross income of £6,480, which could be increased to £8,400 with long-term tenants already in place. The tenants have been residing in the property for several years, have consistently paid their rent, and intend to remain in the property. With a purchase price that offers a worthwhile return, this flat is an attractive addition to any investment portfolio.