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1 bed flat
Marsh Parade, Newcastle Under Lyme ST5
£97,000
Marsh Parade, Newcastle Under Lyme ST5
£97,000
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)
Description
This 1-bedroom flat in Newcastle Under Lyme is a great investment opportunity, currently producing an annual gross income of £8,100 with a tenant already in situ. The well-maintained property features one comfortable bedroom, a modern bathroom, and a welcoming reception room, with the added convenience of shared private parking. With a potential rental income that could increase in future years, this property offers a worthwhile addition to an investor's portfolio. The current tenants have a long-term tenancy agreement and have consistently paid their rent, making for a smooth transition for the new buyer. With its proximity to amenities and potential for rental returns, this property is a fantastic opportunity for investors looking to expand their portfolio.