Waterville Road, North Shields NE29 2 bed flat for sale

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Waterville Road, North Shields NE29 2 bed flat for sale

Waterville Road, North Shields, Tyne & Wear, NE29
£105,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in North Shields is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £7,200 through a tenant who has been in situ for several years and has a consistent rental payment history. The property has the potential to produce even more rental income in future years, making it a worthwhile addition to an investor's portfolio. With its proximity to valuable amenities and the current tenant's intention to remain in the property, this flat presents a smooth and profitable investment opportunity for those looking to grow their rental income.