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1 bed flat
Blandford Place, Seaham SR7
£140,000
Blandford Place, Seaham SR7
£140,000
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)
Description
This 1-bedroom flat in Seaham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, bathroom, and kitchen, and is currently producing an annual gross income of £5,040. With the potential to increase the rent to a market rate of £7,416, this property has the potential to generate significant returns. The current tenants, who have been in the property for several years, have a consistent payment history and intend to remain in the property, making for a smooth transition for the new owner. With a Let Property Pack available for further details, this is an excellent opportunity for investors to add to their portfolio.