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2 bed flat
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Our Summary
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
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Description
This 2-bedroom flat in Newcastle Upon Tyne offers a lucrative investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, bathroom, and ensuite. Currently, it generates an annual gross income of £12,000 from tenants who have been in residence for several years and have a long-term commitment to the property.
With its proximity to amenities and potential for future rental income, this property is a worthwhile addition to any investor's portfolio. The current tenants are willing to remain in the property, and the seller is committed to facilitating a smooth transaction process to ensure a seamless sale.