>
1 bedroom flat for sale
Alexandra Road, Grantham NG31
£54,000
Alexandra Road, Grantham NG31
£54,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 1-bedroom flat in Grantham offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, ensuite, and backyard, and is currently generating an annual gross income of £5220 from a long-term tenant. However, with a market rate of £6,600, the new owner has the potential to increase the rental income. The current tenants have been in the property for several years and have a good payment history, making it an attractive option for investors. With a Let Property Pack available for further details, this property presents a worthwhile addition to any portfolio.