County Durham
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This property represents a fantastic investment opportunity with three self-contained apartments, all occupied by sitting tenants, providing an immediate income stream. Here’s why it stands out:
Steady Rental Income: Generates a total of £1,255 per month (£15,060 annually) from tenants already in place.
Attractive Gross Yield: With an asking price of just £210,000, this property offers an impressive 7.17% gross rental yield, making it a high-performing investment.
Diverse Unit Mix: Includes two 1-bedroom flats and one spacious 3-bedroom flat, ensuring broad rental appeal.
Low Entry Risk: No void periods to worry about thanks to the sitting tenants, giving you instant returns from day one.
This is a ready-made investment opportunity with significant potential to grow rental income further, depending on market rates. Don’t miss the chance to secure this high-yielding, income-generating property!