Grange Street, Morecambe LA4 2 bed flat for sale

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Grange Street, Morecambe LA4 2 bed flat for sale

Grange Street, Morecambe, Lancashire, LA4
£120,000

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Morecambe is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it generates an annual gross income of £6,600, which could be increased to £6,876 with long-term tenants already in place. The tenants have been consistent in their rent payments over several years and have no plans to move out, making it a reliable investment. With a purchase price that could yield a worthwhile return, this property is a great addition to any investor's portfolio.
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