1 bedroom flat for sale

>

1 bedroom flat for sale

Blandford Place, Seaham SR7
£133,000

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)
  • 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-kept and features a bedroom, lounge, bathroom, and kitchen. Currently, it produces an annual gross income of £5,040, which could increase to £7,416 with long-term tenants already in place. The property has been consistently rented out to tenants who have lived there for several years and have a good track record of paying their rent on time. With a potential annual return of £2,376, this property is a worthwhile addition to any investor's portfolio. Let Property Sales is committed to facilitating a smooth transaction process and is available to answer any questions interested parties may have.