Kearsley Close, Seaton Delaval NE25 1 bed flat for sale

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Kearsley Close, Seaton Delaval NE25 1 bed flat for sale

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, generating a current annual gross income of £4,200 with a tenant already in situ. The property is well-maintained and features a bedroom, bathroom, lounge, kitchen, and garden space. With its proximity to amenities and potential for future rental income, it's a worthwhile addition to an investor's portfolio. The current tenants have been long-term residents, paying rent consistently for several years and have no plans to move out, making for a smooth transition for the new buyer.