1 bed detached house

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1 bed detached house

Deanery Street, Bedlington NE22
£87,500

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 detached house in Bedlington is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £9,840, which could be increased to £12,000 with long-term tenants already in situ. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and reliable income stream for the new owner. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great option for those looking to generate rewarding rental returns.