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3 bed terraced house
Richard Street, North Skelton TS12
£55,000
Richard Street, North Skelton TS12
£55,000
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)
Description
This 3-bedroom terrace house in Saltburn-by-the-Sea is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features three bedrooms, two bathrooms, a lounge, kitchen, and rear garden space. Currently, it produces an annual gross income of £4,800 with tenants already situated, and with a potential rental income that could increase in future years, it's a worthwhile addition to an investor's portfolio. The tenants have been consistently paying rent for several years and have no plans to move out, making for a smooth transition for the buyer.