Ryedale, Wallsend NE28 1 bed flat for sale

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Ryedale, Wallsend NE28 1 bed flat for sale

Ryedale, Wallsend NE28
£37,000

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, and is currently producing an annual gross income of £5,700, which has the potential to increase to £6,000 with new long-term tenants. The current tenants, who have lived in the property for several years, are willing to remain in the property, providing a stable and predictable income stream for the new owner. With a Let Property Pack available, this is a worthwhile addition to any investor's portfolio, offering a smooth transaction process and maximum commitment to the sale.