1 bedroom flat for sale

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1 bedroom flat for sale

Fitzwilliam Street, Barnsley S70
£71,000

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 Barnsley is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features one bedroom, a bathroom, and a kitchen. Currently, it produces an annual gross income of £6,600, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £10,800. The property has a tenant situated, who has been paying rent consistently for several years and intends to stay, making it a worthwhile addition to an investor's portfolio. The current annual gross income provides a significant return on investment, making it an attractive option for those looking to generate rental returns.