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Melrose Terrace, Bedlington NE22 2 bed terraced house for sale
Melrose Terrace, Bedlington NE22
£70,000
Melrose Terrace, Bedlington NE22
£70,000
Our Summary
- This 2 bedroom terrace house in Bedlington offers a prime investment opportunity
- The property currently generates an annual gross income of £6,000 which has the potential to be increased to a market rate of £7,800 with the current tenants in place
- For further details on the property’s investment potential, please refer to the attached Let Property Pack
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom terrace house in Bedlington offers a prime investment opportunity, with a current tenant in place and a valuable annual gross income of £6,000, which has the potential to increase to £7,800 with the current tenants remaining. The well-maintained property features two bedrooms, a three-piece bathroom, a spacious lounge, a modern kitchen, and a rear garden space. With no intention of relocating, the current tenants have consistently paid their rent, making this a secure investment opportunity. The property presents a substantial chance for investors to expand their portfolio, and further details on its investment potential can be found in the attached Let Property Pack.