2 bedroom flat for sale

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2 bedroom flat for sale

Gadwall Way, Scunthorpe DN16
£75,000

Price History

Initial price £100,000
12/10/24 £98,000
18/10/24 £85,000
26/10/24 £83,000
01/11/24 £81,000
07/11/24 £79,000
14/11/24 £77,000
21/11/24 £75,000
Price Change -25.00%

Description

This 2-bedroom flat in Scunthorpe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, kitchen, and an ensuite, making it a great rental property. Currently, it generates an annual gross income of £6,600, which has the potential to increase to £10,200 with the right tenant. The property already has a long-term tenant in place, who has consistently paid their rent for several years and has no intention of moving out. With a purchase price that offers a worthwhile return, this property is a great addition to any investment portfolio.