Flat in NE40 North East - Apartment

£ 60,000

Added: 11/05/2025

2Bedrooms

1Bathrooms

581 sqmSize

Property description

Strategy: Portfolio

This well-maintained 2-bedroom flat is located in Ryton, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.



This is a brilliant opportunity for investors!



Offering two bedrooms, a lounge, a three-piece bathroom, and a kitchen, this property also benefits from a small, well-maintained garden. Ideally situated close to the high street, highly regarded schools, and excellent public transport links, it presents an ideal home for working professionals.



Investment Details:



The property generates an annual gross income of £5,940, which the new owner could increase to a market rate of £8,364 with tenants currently situated. The purchase price makes it a worthwhile addition to any investor's portfolio.



Please see the Let Property Pack linked below for more details on this property's investment potential.



Tenancy Details:



The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.



Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.

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Sourced reference: 161543801

Location map

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

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Sales Agent

Let Property Sales & Management

Glasgow

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