1 bedroom flat for sale

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1 bedroom flat for sale

Alexandra Road, Grantham NG31
£54,000

Price History

Initial price £58,000
28/09/24 £56,000
04/10/24 £54,000
Price Change -6.90%

Description

This 1-bedroom flat in Grantham offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, ensuite, and backyard, and is currently generating an annual gross income of £5220 from a long-term tenant. However, with a market rate of £6,600, the new owner has the potential to increase the rental income. The current tenants have been in the property for several years and have a good payment history, making it an attractive option for investors. With a Let Property Pack available for further details, this property presents a worthwhile addition to any portfolio.