2 bedroom flat for sale

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2 bedroom flat for sale

May Close, Hebburn, NE31
£82,000

Price History

Initial price £83,500
29/11/24 £81,500
14/12/24 £79,500
20/12/24 £77,500
02/01/25 £84,000
10/01/25 £82,000
Price Change -1.80%

Description

This 2-bedroom mid-terrace house in Hebburn is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, an ensuite, a separate bathroom, a lounge, and a kitchen. Currently, it produces an annual gross income of £6,900, which could be increased to £8,388 with long-term tenants already in place. The tenants, who have been living in the property for several years, intend to stay and have consistently paid their rent on time. With a purchase price that offers a worthwhile return, this property has the potential to be a valuable addition to an investor's portfolio.