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1 bedroom flat for sale
Ryedale, Wallsend, NE28
£37,000
Ryedale, Wallsend, NE28
£37,000
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 |
01/03/25 | £37,000 |
14/03/25 | £35,000 |
20/03/25 | £37,000 |
27/03/25 | £35,000 |
04/04/25 | £37,000 |
09/04/25 | £35,000 |
18/04/25 | £37,000 |
25/04/25 | £35,000 |
30/04/25 | £37,000 |
Price Change | -26.00% |
Description
This 1-bedroom flat in Wallsend is an attractive investment opportunity, with a current tenant in place and a strong rental income of £5,700 per annum. The property is well-maintained and has a bathroom and kitchen, offering a solid foundation for long-term returns. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, providing a stable income stream. With the potential to increase the rent to a market rate of £6,000, this property presents a worthwhile addition to an investor's portfolio.