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1 bedroom flat for sale
Kearsley Close, NE25
£45,000
Kearsley Close, NE25
£45,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 1-bedroom flat in Whitley Bay is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, bathroom, lounge, kitchen, and garden space. Currently, it produces an annual gross income of £4,200 with tenants already situated, and has the potential to generate even more in future years. The tenants have been in the property for several years and have consistently paid their rent, with no intention of moving out. With its proximity to valuable amenities and the potential for rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.