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2 bed terraced house
Melrose Terrace, Bedlington NE22
£67,000
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 presents a prime investment opportunity, offering a current tenant and valuable amenities in close proximity, promising rewarding rental returns. The well-maintained property features two bedrooms, a three-piece bathroom, spacious lounge, modern kitchen, and rear garden space. With an annual gross income of £6,000, which has the potential to increase to £7,800 with the current tenants in place, this investment offers 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 for a smooth transaction process.