Thornaby Place, Thornaby TS17 1 bed flat for sale

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Thornaby Place, Thornaby TS17 1 bed flat for sale

Thornaby Place, Stockton-On-Tees, TS17
£34,000

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 is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable layout with 1 bedroom, lounge, kitchen, and bathroom. It currently has a tenant in situ, paying an annual gross income of £6,300, and has consistently paid rent for several years. The property offers a worthwhile addition to an investor's portfolio, with potential for future rental income. The current tenants have no intention of moving out, making for a smooth transition for the buyer. With its proximity to amenities and rewarding rental returns, this property is an attractive option for investors looking to grow their portfolio.