>
1 bedroom flat for sale
Ryedale, Wallsend, NE28
£41,000
Ryedale, Wallsend, NE28
£41,000
Price History
Initial price | £50,000 |
21/12/24 | £45,000 |
24/12/24 | £43,000 |
03/01/25 | £41,000 |
11/01/25 | £45,000 |
17/01/25 | £43,000 |
01/02/25 | £41,000 |
Price Change | -18.00% |
Description
This 1-bedroom flat in Wallsend is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 1 bedroom, a bathroom, and a kitchen. Currently, it generates an annual gross income of £5,700, which could be increased to £6,000 with long-term tenants already situated. The tenants, who have been in the property for several years, do not intend to move out, providing a stable and reliable income stream. With a purchase price that allows for a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return.