1 bedroom flat for sale

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1 bedroom flat for sale

Kearsley Close, Whitley Bay, NE25
£39,900

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 an excellent investment opportunity for those looking to expand their portfolio. The property is well-kept and features 1 bedroom, 1 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 rental income that could increase in future years, 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 to ensure a successful sale.