Kenilworth Court, Washington NE37 1 bed flat for sale

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Kenilworth Court, Washington NE37 1 bed flat for sale

Kenilworth Court, Washington NE37
£23,000

Price History

Initial price £30,000
29/03/25 £28,000
06/04/25 £23,000
12/04/25 £25,000
17/04/25 £23,000
Price Change -23.33%

Description

This 1-bedroom flat in Washington offers a great opportunity for investors seeking a reliable, long-term investment. The property is in excellent condition, featuring a bedroom, fresh carpeting, two balconies, a bathroom with an additional WC, and private resident parking. Currently generating an annual gross income of £4,800, the property has the potential to increase its income to £6,996 with the existing tenants. With a valuable location and various amenities within walking distance, this property is a worthwhile addition to any investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and intend to remain in the property, making for a smooth transition for the new owner.