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2 bedroom flat for sale
Gadwall Way, Scunthorpe DN16
£78,000
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.