2 bed terraced house

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2 bed terraced house

Milbank Terrace, Wingate TS28
£60,000

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 2-bedroom mid-terrace house in Wingate is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, and rear garden space, with street parking available. Currently, it generates an annual gross income of £4,800 with a tenant already in situ, who has a long-standing tenancy agreement and has consistently paid their rent. 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 no intention of moving out, and the property is being sold with the benefit of a Let Property Pack, which provides greater detail on its investment potential.