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Grafton Road, Whitley Bay NE26 2 bed flat for sale
Grafton Road, Whitley Bay NE26
£136,000
Grafton Road, Whitley Bay NE26
£136,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Whitle Bay offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a bright reception room, private garden, and convenient street parking. Currently, it generates an annual gross income of £7,800 with tenants already in situ, and its potential for future rental income makes it a worthwhile addition to an investor's portfolio. The current tenants have a good track record of paying rent on time and have no plans to move out, making the transition to new ownership as smooth as possible. With its close proximity to amenities and potential for long-term rental income, this property is an attractive option for investors looking to grow their portfolio.