Ridgeway Terrace, Warsop NG20 2 bed terraced house for sale

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Ridgeway Terrace, Warsop NG20 2 bed terraced house for sale

Ridgeway Terrace, Warsop NG20
£85,000

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 terrace house in Mansfield is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a bathroom, lounge, kitchen, and rear garden space. Currently, it produces an annual gross income of £5,700 with tenants already situated, and with a purchase price that offers potential for future rental income, it's a worthwhile addition to an investor's portfolio. The current tenants have been long-term residents, paying rent consistently, and have no plans to move out, making for a smooth transition.