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2 bedroom flat for sale
Castle Brewery, Newark NG24
£154,000
Castle Brewery, Newark NG24
£154,000
Price History
Initial price | £160,000 |
07/10/24 | £157,000 |
12/10/24 | £154,000 |
18/10/24 | £151,000 |
27/10/24 | £148,000 |
01/11/24 | £146,000 |
07/11/24 | £144,000 |
14/11/24 | £160,000 |
21/11/24 | £157,000 |
28/11/24 | £154,000 |
Price Change | -3.75% |
Description
This 2-bedroom flat house in Newark is a lucrative investment opportunity, generating an annual gross income of £9,540 and with the potential to increase to £14,400 with long-term tenants already in place. The property is well-maintained and features a lounge, dining area, and three-piece bathroom. With a tenant currently situated, the new owner can expect a hassle-free transition and potentially increase the rental income. The current tenants have been in the property for several years and have a good payment history, making this a stable and worthwhile addition to an investor's portfolio.