Ryedale, Wallsend NE28 1 bed flat for sale

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Ryedale, Wallsend NE28 1 bed flat for sale

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
13/03/25 £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, generating an annual gross income of £5,700 and offering potential for growth to £6,000 with long-term tenants already in place. The property is well-maintained and features one bedroom, a bathroom, and a kitchen. With a current tenant who has been residing there for several years and intends to stay, the new owner can expect a smooth transition and consistent rental income. The property's investment potential is further highlighted in the Let Property Pack, making it an excellent addition to an investor's portfolio.