2 bedroom flat for sale

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2 bedroom flat for sale

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.