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Ryedale, Wallsend NE28 1 bed flat for sale
Ryedale, Wallsend NE28
£45,000
Ryedale, Wallsend NE28
£45,000
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 |
Price Change | -10.00% |
Description
This 1-bedroom flat in Wallsend is a great investment opportunity, with a current annual gross income of £5,700 and potential to increase to £6,000 with long-term tenants already in place. The property is well-maintained and features one bedroom, a bathroom, and a kitchen. The current tenants have been living there for several years and have consistently paid their rent, with no plans to move out. The property has a lot of potential for rental returns and would be a worthwhile addition to an investor's portfolio. With a Let Property Pack available for further details, this is an excellent chance for investors to expand their portfolio and generate rewarding returns.