2 bedroom block of apartments for sale

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2 bedroom block of apartments for sale

Tees Street, Chopwell, NE17
£58,000

Price History

Initial price £60,000
19/10/24 £58,000
Price Change -3.33%

Description

This property is a block of two 1-bedroom flats located in Chopwell, with tenants currently in place, generating a steady annual gross income of £5,040. The properties feature modern amenities, including lounges, kitchens, and bathrooms, and are conveniently located with excellent local transport links. The current landlord is enjoying rewarding rental returns, and the new owner has the potential to increase the income to a market rate of £7,800. With a purchase price to be negotiated, this is an attractive opportunity for investors looking to add to their portfolio, with a Let Property Pack available for further details.