1 bedroom flat for sale

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1 bedroom flat for sale

Ryedale, Wallsend NE28
£35,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Wallsend is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, bathroom, and kitchen. Currently, it produces an annual gross income of £5,700, which could increase to £6,000 with long-term tenants already situated. The tenants, who have been in the property for several years, are committed to staying and have consistently paid their rent. With a worthwhile return on investment, this property is a great addition to any portfolio. The current owners are committed to a smooth transaction process and are open to offers.