Grafton Road, Whitley Bay NE26 2 bed flat for sale

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Grafton Road, Whitley Bay NE26 2 bed flat for sale

Grafton Road, Whitley Bay NE26
£145,000

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 2-bedroom flat in Whitle Bay is an excellent investment opportunity, currently generating an annual gross income of £7,800 from its tenant. The property features a bright reception room, private garden, and convenient street parking, making it a well-kept home that is sure to appeal to potential tenants. With the current tenants having lived in the property for several years and showing no intention to move out, this provides a stable and reliable source of rental income. The property is also in close proximity to valuable amenities, making it an attractive option for investors looking to expand their portfolio.