>
1 bed flat
Kearsley Close, Seaton Delaval NE25
£40,000
Kearsley Close, Seaton Delaval NE25
£40,000
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 1-bedroom flat in Whitley Bay is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, bathroom, lounge, kitchen, and garden space. Currently, it generates an annual gross income of £4,200 with tenants already situated, who have consistently paid their rent and have no plans to move out. With a potential for rewarding rental returns and a tenant in place, this property offers a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years, and the seller is committed to facilitating a smooth transaction process, making this a great opportunity for investors looking to expand their portfolio.