Winster Place, Cramlington NE23 2 bed flat for sale

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Winster Place, Cramlington NE23 2 bed flat for sale

Winster Place, Cramlington, NE23
£69,000

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 flat in Cramlington is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features a modern kitchen, 2 bedrooms, and a garden ground space. Currently, it generates an annual gross income of £7,200, which could be increased to £7,344 with long-term tenants already in place. The tenants, who have been in the property for several years, have consistently paid their rent and have no plans to move out, making for a stable and lucrative investment. With a purchase price that could yield a worthwhile return, this property is an excellent addition to any investor's portfolio.