3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Springwell Drive, Morpeth NE61
£80,000

Price History

Initial price £100,000
13/02/25 £80,000
Price Change -20.00%

Description

This 3-bedroom terrace house in Morpeth is a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained home features a spacious lounge, kitchen, and three-piece bathroom, as well as a front garden space. Currently producing an annual gross income of £5,700, the property has the potential to increase its rental income to £7,500 with the right tenant. The current tenants have been consistently paying their rent and have no intention of moving out, making it an attractive option for investors. With a Let Property Pack available for further information, this property offers a worthwhile addition to any investment portfolio.