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Prince Of Wales Road, Cromer NR27 1 bed flat for sale
Prince Of Wales Road, Cromer NR27
£150,000
Prince Of Wales Road, Cromer NR27
£150,000
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 1-bedroom flat in Cromer is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, rear garden, bathroom, and kitchen. Currently, it produces an annual gross income of £7,800 with a tenant already in situ, and its potential rental income is expected to increase in future years. The tenants have been consistent in their rent payments for several years and have no plans to move out, making it a reliable investment. With its proximity to amenities and potential for strong rental returns, this property is a worthwhile addition to any investor's portfolio.