1 bed flat

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1 bed flat

Nevis Court, Whitley Bay NE26
£103,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Whitley Bay is a great investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, producing an annual gross income of £7,200. With a purchase price that offers a worthwhile return, this property has strong potential for rental returns. The current tenants, who have been in the property for over a year, have a good track record of paying their rent on time and wish to continue their tenancy, making for a smooth transition for the buyer.