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May Close, Hebburn NE31 2 bed terraced house for sale
May Close, Hebburn NE31
£78,000
May Close, Hebburn NE31
£78,000
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 2-bedroom mid-terrace house in Hebburn is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, an ensuite, a separate bathroom, a lounge, and a kitchen. Currently, it produces an annual gross income of £6,900, but with long-term tenants already in place, the new owner could increase this to a market rate of £8,388. The property has a tenant who has been in the property for several years and has consistently paid their rent, intending to remain in the property. With its prime location and potential for increased rental income, this property is a worthwhile addition to any investor's portfolio.