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2 bedroom flat for sale
Landfall Drive, Hebburn NE31
£82,000
Landfall Drive, Hebburn NE31
£82,000
Price History
Initial price | £90,000 |
26/10/24 | £88,000 |
02/11/24 | £86,000 |
08/11/24 | £84,000 |
15/11/24 | £82,000 |
Price Change | -8.89% |
Description
This 2-bedroom flat in Hebburn is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, and bathroom, with a current annual gross income of £7,200. With long-term tenants already in place, the new owner has the potential to increase the income to a market rate of £7,404. The tenants have consistently paid their rent for several years and have no intention of moving out, making for a stable and secure investment. With a Let Property Pack available for further information, this is a worthwhile addition to any investor's portfolio.