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3 bedroom semi-detached house for sale
Burnside Avenue, NE23
£93,000
Burnside Avenue, NE23
£93,000
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)
Description
This 3-bedroom semi-detached house in Cramlington is an excellent investment opportunity, generating an annual gross income of £7,800 with a tenant already in place. The property is well-maintained and features a lounge, 2 bathrooms, and kitchen. With a tenant who has been consistently paying rent for several years and has no plans to move out, this is a secure and rewarding investment. The property's potential rental income and purchase price make it a worthwhile addition to an investor's portfolio, and the current tenants are looking to remain in the property. The seller is committed to a smooth transaction process, making this a great opportunity for investors to expand their portfolio.