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Melrose Terrace, Bedlington NE22 2 bed terraced house for sale
Melrose Terrace, Bedlington NE22
£73,000
Melrose Terrace, Bedlington NE22
£73,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom terrace house in Bedlington offers a prime investment opportunity, with a current tenant and valuable amenities nearby. The well-maintained property features a spacious lounge, modern kitchen, three-piece bathroom, and rear garden space. The current tenant is committed to staying, generating an annual gross income of £6,000, with the potential to increase to £7,800 with market rate rent. With a substantial opportunity for investors to expand their portfolio, this property presents a rewarding rental return. The property's investment potential is detailed in the attached Let Property Pack, and interested parties should contact the agent for further information.