1 bedroom flat for sale

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1 bedroom flat for sale

Alexandra Road, Grantham, Lincolnshire, NG31
£54,000

Price History

Initial price £58,000
27/09/24 £56,000
04/10/24 £54,000
Price Change -6.90%

Description

This 1-bedroom flat in Grantham is a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £5,220, but with the potential to increase to £6,600 with long-term tenants already in place. The flat is well-maintained and features a bedroom, lounge, kitchen, ensuite, and backyard. With a tenant already situated, the new owner can expect a smooth transition and minimal disruption. The property's strong rental returns and potential for increased income make it an attractive addition to any investment portfolio. For more information on the property's investment potential, interested parties can view the Let Property Pack and contact the agent for further details.