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2 bedroom flat for sale
Castle Brewery, Newark, Nottinghamshire, NG24
£157,000
Castle Brewery, Newark, Nottinghamshire, NG24
£157,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom flat house in Newark is a great investment opportunity for those looking to expand their portfolio. The property is currently rented out, producing an annual gross income of £9,540, and with some minor adjustments, the new owner could increase the rent to a market rate of £14,400. The property is well-maintained and features two bedrooms, a lounge, dining area, and three-piece bathroom. The current tenants, who have been in the property for several years, are committed to staying and have a good payment history, making it an attractive option for investors. With the potential for increased rental income and a low purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio.