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Kenilworth Court, Washington NE37 1 bed 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)
Description
This spacious and well-maintained 1-bedroom flat in Washington offers a lucrative investment opportunity for buyers. With various amenities within walking distance, the property can generate a reliable and long-term income. The flat itself is in excellent condition, featuring one bedroom, fresh carpeting, two balconies, and private parking. Currently producing an annual gross income of £4,800, the property has the potential to increase to £6,996 with the existing tenants, making it a worthwhile addition to an investor's portfolio. The tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, ensuring a smooth transition and maximum commitment to the sale.