2 bedroom flat for sale

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2 bedroom flat for sale

Grafton Road, Whitley Bay, NE26
£140,000

Price History

Initial price £145,000
16/10/25 £140,000
Price Change -3.45%

Description

This 2-bedroom flat in Whitle Bay is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, 1 bathroom, a bright reception room, a private garden, and convenient street parking. Currently, it produces an annual gross income of £7,800 with tenants already situated, and with a purchase price that considers the potential rental income, it would make a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention to move out, making for a smooth transition for the buyer.