2 bedroom flat for sale

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2 bedroom flat for sale

Elswick Road, Newcastle Upon Tyne, NE4
£110,000

Our Summary

  • 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
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Newcastle Upon Tyne is an excellent investment opportunity, offering a current annual gross income of £8,400 with a tenant already in place. The property is well-maintained and features two comfortable bedrooms, one modern bathroom, a spacious living room, front private garden, and on-street allocated parking. With a current tenant who has been living in the property for several years and has consistently paid their rent, this is a stable and reliable investment option. The property's potential rental income and purchase price make it a worthwhile addition to an investor's portfolio, and the current tenants are willing to remain in the property, providing a smooth transition for the buyer.