2 bedroom flat for sale

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2 bedroom flat for sale

Castle Brewery, Newark, Nottinghamshire, NG24
£157,000

Price History

Initial price £160,000
04/10/24 £157,000
11/10/24 £154,000
18/10/24 £151,000
25/10/24 £148,000
01/11/24 £146,000
07/11/24 £144,000
14/11/24 £160,000
21/11/24 £157,000
Price Change -1.88%

Description

This 2-bedroom flat house in Newark is a great investment opportunity for those looking to expand their portfolio. The property is currently rented out, producing an annual gross income of £9,540, and with some minor adjustments, the new owner could increase the rent to a market rate of £14,400. The property is well-maintained and features two bedrooms, a lounge, dining area, and three-piece bathroom. The current tenants, who have been in the property for several years, are committed to staying and have a good payment history, making it an attractive option for investors. With the potential for increased rental income and a low purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio.