Alexandra Road, Grantham NG31 1 bed flat for sale

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Alexandra Road, Grantham NG31 1 bed flat for sale

Alexandra Road, Grantham NG31
£58,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Grantham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, backyard, and on-street parking. Currently, it generates an annual gross income of £5,220, which could be increased to £6,600 with a new tenant. The current tenants have been living in the property for several years and have a good track record of paying rent on time, with no intention to move out. With a purchase price and potential for increased rental income, this property could be a worthwhile addition to an investor's portfolio.