2 bedroom flat for sale

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2 bedroom flat for sale

Gadwall Way, Scunthorpe DN16
£78,000

Price History

Initial price £100,000
07/10/24 £95,000
12/10/24 £93,000
18/10/24 £91,000
26/10/24 £875,000
01/11/24 £870,000
07/11/24 £85,000
14/11/24 £80,000
20/11/24 £78,000
Price Change -22.00%

Description

This 2-bedroom flat in Scunthorpe is a great investment opportunity, offering a reliable and long-term rental return. The property is in good condition and features a spacious lounge, kitchen, and rear garden space. Currently, it generates an annual gross income of £6,480, which has the potential to increase to £10,200 with a new owner. The current tenants, who have been living in the property for several years, have consistently paid their rent and have no plans to move out, providing a stable and predictable income stream. With a worthwhile addition to an investor's portfolio, this property is a brilliant opportunity for those looking for a reliable and long-term investment.