Ryedale, Wallsend NE28 1 bed flat for sale

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Ryedale, Wallsend NE28 1 bed flat for sale

Ryedale, Wallsend NE28
£37,000

Our Summary

  • 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 Wallsend is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 1 bedroom, a bathroom, and a kitchen. Currently, it generates an annual gross income of £5,700, which could be increased to £6,000 with long-term tenants already in place. The tenants have been consistently paying rent for several years and have no intention of moving out, making for a smooth transition for the new owner. With a worthwhile addition to an investor's portfolio, this property is a great find, and further details on its investment potential can be found in the linked Let Property Pack.