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 an attractive investment opportunity, generating an annual gross income of £5,700 and offering potential for growth to £6,000 with long-term tenants already in place. The property is well-maintained and features one bedroom, a bathroom, and a kitchen. With a current tenant who has been residing there for several years and intends to stay, the new owner can expect a smooth transition and consistent rental income. The property's investment potential is further highlighted in the Let Property Pack, making it an excellent addition to an investor's portfolio.