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Victoria Terrace, Bedlington NE22 1 bed flat for sale
Victoria Terrace, Bedlington, NE22
£60,000
Victoria Terrace, Bedlington, NE22
£60,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- 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 investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Bedlington is an excellent investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £5,400. With a strong potential for rental returns, this flat offers a worthwhile addition to an investor's portfolio. The current tenants have been paying rent on time for several years and wish to continue their tenancy, ensuring a smooth transition for the buyer. The property also features a lounge, kitchen, and three-piece bathroom, as well as on-street parking. With its stable rental income and potential for future growth, this flat is a fantastic opportunity for investors.