1 bed flat

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1 bed flat

Friarn Street, Bridgwater TA6
£98,000

Price History

Initial price £100,000
06/12/24 £98,000
14/12/24 £96,000
21/12/24 £94,000
24/12/24 £92,000
03/01/25 £90,000
10/01/25 £100,000
17/01/25 £98,000
Price Change -2.00%

Description

This 1-bedroom flat in Bridgwater is an attractive investment opportunity, generating an annual gross income of £9,300 with a current tenant in place. The property is well-maintained and features a lounge, kitchen, and bathroom, offering a strong potential for rental returns. With a market rate of £9,300, the new owner can increase the income by negotiating a new rental agreement with the existing tenant, who has a long-term agreement and has consistently paid rent on time. The property's investment potential is further supported by its proximity to amenities and the current tenant's intentions to remain in the property, making it a worthwhile addition to an investor's portfolio.