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Springwell Drive, Ellington NE61 3 bed terraced house for sale
Springwell Drive, Ellington NE61
£75,000
Springwell Drive, Ellington NE61
£75,000
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 3-bedroom terrace house in Morpeth is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features a spacious lounge, kitchen, and three-piece bathroom, as well as a front garden space. Currently, it produces an annual gross income of £5,700, which could be increased to a market rate of £7,500 with new tenants. The property is already occupied by a reliable tenant who has consistently paid rent and has no intention of moving out, making it a worthwhile addition to an investor's portfolio. With a Let Property Pack available for further details, this property offers a smooth transaction process and the potential for maximum commitment to the sale.