2 bedroom flat for sale

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2 bedroom flat for sale

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.