This one-bedroom residential investment is offered with an established tenancy and provides an immediate rental income stream. The property is described as well-proportioned, with scope for future enhancement or improvement, subject to any necessary permissions.

• One bedroom
• Residential dwelling with accommodation arranged over the usual levels
• Currently let at £420 per calendar month, or £5,040 per annum
• Approximate gross yield of 28% based on the guide price
• Tenure details are provided in the legal pack

Situated in an established residential area of Washington, the property has access to local amenities, shops, schools and transport links. The existing tenancy offers ongoing rental income for an investor; buyers should consult the legal pack for tenure information and review the property's condition and any potential improvement requirements before bidding.