Blandford Place, Seaham SR7 1 bed flat for sale

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Blandford Place, Seaham SR7 1 bed flat for sale

Blandford Place, Seaham SR7
£140,000

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 Seaham is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, and kitchen, with a current annual gross income of £5,040 that could be increased to £7,416 with long-term tenants already in place. The tenants, who have been in the property for several years, do not intend to move out, making for a smooth transition. With its desirable location and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.