Blandford Place, Seaham SR7 1 bed flat for sale

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Blandford Place, Seaham SR7 1 bed flat for sale

Blandford Place, Seaham SR7
£45,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential

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 lounge, bathroom, and kitchen, and is currently generating an annual gross income of £5,040. With long-term tenants already in place, the new owner could increase the income to a market rate of £7,416, making it a worthwhile addition to an investor's portfolio. The tenants, who have been living in the property for several years, do not intend to move out, providing a stable and secure rental income stream. With Let Property Sales committed to facilitating a smooth transaction process, this is an excellent chance for investors to secure a valuable and profitable property.
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