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1 bed flat
Bridge Road, Grays RM17
£137,000
Bridge Road, Grays RM17
£137,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- 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 investor's property portfolio
- 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 Grays offers a fantastic investment opportunity for those looking to expand their portfolio. Located close to essential amenities, the property currently produces an annual gross income of £11,700, with tenants already in residence. The tenants, who have been paying their rent on time for a year, do not plan to move out, providing a stable and consistent rental income. With its strong potential for rental returns, this property has the potential to be a worthwhile addition to an investor's portfolio, making it an attractive option for those looking to grow their property portfolio.