Melrose Terrace, Bedlington NE22 2 bed terraced house for sale

>

Melrose Terrace, Bedlington NE22 2 bed terraced house for sale

Melrose Terrace, Bedlington NE22
£67,000

Our Summary

  • This 2 bedroom terrace house in Bedlington offers a prime investment opportunity
  • The property currently generates an annual gross income of £6,000 which has the potential to be increased to a market rate of £7,800 with the current tenants in place
  • For further details on the property’s investment potential, please refer to the attached Let Property Pack
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom terrace house in Bedlington offers a prime investment opportunity, with a current tenant in place and generating an annual gross income of £6,000. The well-maintained property features two bedrooms, a three-piece bathroom, spacious lounge, modern kitchen, and rear garden space. With the potential to increase the rental income to £7,800, this investment presents a substantial opportunity for investors seeking to expand their portfolio. The current tenants have consistently paid their rent and have no intention of relocating, making it an attractive option for buyers looking for a hassle-free investment.