Vine Street, Wallsend NE28 3 bed flat for sale

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Vine Street, Wallsend NE28 3 bed flat for sale

Vine Street, Wallsend, NE28
£60,000

Our Summary

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

Description

This 3-bedroom flat in Wallsend is an excellent investment opportunity for those looking to expand their portfolio. Conveniently located near essential amenities, the property currently produces an annual gross income of £6,600 with a tenant in residence who has been paying rent on time for a year and wishes to continue their tenancy. With strong potential for rental returns, this property offers a worthwhile addition to an investor's portfolio, considering its purchase price and potential future rental income.