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1 bedroom flat for sale
Kenilworth Court, Washington NE37
£21,000
Kenilworth Court, Washington NE37
£21,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Washington is a valuable investment opportunity, offering a reliable and long-term rental return. The property is in excellent condition, featuring a bedroom, fresh carpeting, two balconies, a bathroom with an additional WC, and private resident parking. Currently, it generates an annual gross income of £4,800, which could increase to £6,996 with the current tenants, making it a worthwhile addition to an investor's portfolio. The tenants, who have lived in the property for several years, are committed to staying and have consistently paid their rent, ensuring a smooth transition for the new owner. With its excellent condition, desirable location, and potential for increased rental income, this property presents a fantastic opportunity for investors looking for a reliable and profitable investment.