>
2 bed terraced house
Milbank Terrace, Wingate TS28
£60,000
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.