1 bed flat

This 1-bedroom flat in Seaham is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently rented out, generating an annual gross income of £5,040, which could be increased to a market rate of £7,416 with long-term tenants already in place. The flat is well-kept and features one bedroom, a lounge, a bathroom, and a kitchen.

The current tenants have been residing in the property for several years and have consistently paid their rent, intending to remain in the property. With a purchase price that will yield a worthwhile return, this is an excellent chance for investors to add to their portfolio.