>
Winster Place, Cramlington NE23 2 bed flat for sale
Winster Place, Cramlington NE23
£71,000
Winster Place, Cramlington NE23
£71,000
Price History
Initial price | £80,000 |
01/02/25 | £78,000 |
14/02/25 | £71,000 |
Price Change | -11.25% |
Description
This 2-bedroom flat in Cramlington is a fantastic investment opportunity, with a current tenant already in place and generating an annual gross income of £7,200. The property is well-maintained and features a modern kitchen, 2 bedrooms, and a garden ground space. With a purchase price that allows for a worthwhile addition to an investor's portfolio, the property has the potential to increase its annual gross income to £7,344 with a market-rate rent. The current tenants have been long-term and reliable, with no plans to move out, making for a smooth and stress-free transition for the new owner.