Higher Brook Street, Teignmouth TQ14 1 bed flat for sale

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Higher Brook Street, Teignmouth TQ14 1 bed flat for sale

Higher Brook Street, Teignmouth, TQ14
£110,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • 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 Teignmouth is a fantastic investment opportunity for those looking to expand their portfolio. The property is located close to amenities, has a tenant currently in situ, and generates an annual gross income of £6,636. The flat features one bedroom with an ensuite bathroom, a spacious lounge, a well-equipped kitchen, and a small garden space, making it a comfortable and convenient living space. The current tenants have been living in the property for several years and have a good track record of paying their rent on time, with no intention to move out. With its potential for rewarding rental returns and a competitive purchase price, this property is a worthwhile addition to any investor's portfolio.