Ryedale, Wallsend NE28 1 bed flat for sale

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Ryedale, Wallsend NE28 1 bed flat for sale

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.