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3 bed flat
Albion Way, Blyth NE24
£118,000
Albion Way, Blyth NE24
£118,000
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
- Investment potential detailed below (Let Property Pack)
Description
This 3-bedroom flat in Blyth is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 3 bedrooms, 2 bathrooms, lounge, kitchen, laundry, and storage room, making it a great rental property. Currently, it generates an annual gross income of £9,600 with tenants already situated, and with a potential to earn more in future years. The tenants have been consistently paying their rent for several years and have no plans to move out, making it a stable and reliable investment. With a smooth transaction process facilitated by Let Property, this is a worthwhile addition to any investor's portfolio.