Moorgate, Retford DN22 1 bed flat for sale

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Moorgate, Retford DN22 1 bed flat for sale

Moorgate, Retford, DN22
£40,000

Our Summary

  • 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 Retford is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and one bedroom. Currently, it generates an annual gross income of £6600, which has the potential to increase to £7476 with a new owner. The property has a tenant already situated, who has been paying rent consistently for several years and has no intention of moving out. With a purchase price that will provide a worthwhile addition to an investor's portfolio, this is a great chance to secure a steady income stream.