Summary - Springwell Drive, Ellington NE61 NE61 5HH
3 bed 1 bath Terraced
**Standout Features:**
- 3 Bedrooms in good condition
- Current tenant providing stable rental income
- Investment potential with gross annual income of £5,700, potentially up to £7,500
- Freehold property with sizable front garden
- Located in a quiet, residential area
**Concise Summary:**
This three-bedroom terraced house in Morpeth offers an attractive buy-to-let opportunity, situated in a peaceful residential setting with good access to local amenities. Currently occupied by reliable tenants who wish to stay, the property generates an annual gross income of £5,700, with the potential to increase to £7,500, making it a wise addition for any investor's portfolio. The home features a cozy living space, a three-piece bathroom, and a manageable front garden, all in good condition, ideal for families or professionals.
Despite its average size among terraced houses, the property benefits from its desirable location, bordered by necessary conveniences and reputable schools, such as Ellington Primary School, rated as 'Good' by Ofsted. While the typical maintenance needs of a mid-20th-century home should be anticipated, the solid structure and current income stream make this property a promising prospect not to be overlooked. Act fast; opportunities like this don’t last long!
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