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2 bedroom flat for sale
Longwood Close, Sunniside NE16
£75,000
Longwood Close, Sunniside NE16
£75,000
Price History
Initial price | £85,000 |
02/11/24 | £83,000 |
08/11/24 | £81,000 |
15/11/24 | £79,000 |
22/11/24 | £75,000 |
Price Change | -11.76% |
Description
This 2-bedroom flat in Sunniside is an excellent investment opportunity, generating a current annual gross income of £6,000 and offering potential for growth to £9,000 with long-term tenants already in place. The well-maintained property features a spacious lounge, modern kitchen, and two bedrooms, making it a great addition to any investor's portfolio. With a current tenant who has been paying rent consistently for several years and has no intention of moving out, the property offers a stable and reliable income stream. The seller is committed to facilitating a smooth transaction process, making it an attractive option for investors looking to expand their portfolio.