Ridge Terrace, Bedlington NE22 3 bed terraced house for sale

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Ridge Terrace, Bedlington NE22 3 bed terraced house for sale

Ridge Terrace, Bedlington NE22
£120,000

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 3-bedroom mid-terrace house in Bedlington offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and street parking, making it an attractive option for tenants. Currently, the property generates an annual gross income of £7,800 with tenants already situated, providing a rewarding rental return. The property has a long-term tenant who has consistently paid rent and has no intention of moving out, making it a low-risk investment. With its proximity to valuable amenities and potential for future rental income, this property is a worthwhile addition to any investor's portfolio.