3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Milldale Avenue, Blyth, NE24
£62,000

Price History

Initial price £75,000
03/09/24 £65,000
12/09/24 £62,000
Price Change -17.33%

Description

This 3-bedroom mid-terrace house in Blyth is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features three bedrooms, a lounge, kitchen, and ensuite, as well as garden grounds. Currently, it generates an annual gross income of £7,200, which could be increased to £8,232 with long-term tenants already in situ. The tenants, who have lived in the property for several years, have consistently paid their rent and have no plans to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great option for those looking to generate rewarding rental returns.