1 bedroom flat for sale

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1 bedroom flat for sale

Ryedale, Wallsend, NE28
£43,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential

Description

This 1-bedroom flat in Wallsend is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features one bedroom, a bathroom, and a kitchen. Currently, it generates an annual gross income of £5,700, which could be increased to £6,000 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out. This makes for a worthwhile addition to an investor's property portfolio, with Let Property Sales committed to facilitating a smooth transaction process.
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