Castle Road, Prudhoe NE42 2 bed semi

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Castle Road, Prudhoe NE42 2 bed semi

Castle Road, Prudhoe NE42
£94,000

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 semi-detached house in Prudhoe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, rear garden space, and private driveway. Currently, it produces an annual gross income of £6,000, but with the possibility of increasing the rent to £8,544 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With a purchase price that makes for a worthwhile addition to an investor's portfolio, this property is a great option for those looking to generate rewarding rental returns.