Hampstead Road, Newcastle upon Tyne NE4 2 bed ground floor flat for sale

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Hampstead Road, Newcastle upon Tyne NE4 2 bed ground floor flat for sale

Hampstead Road, Newcastle upon Tyne NE4
£90,000

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 offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a private garden, bathroom, kitchen, and lounge, with two bedrooms. Currently, the property generates an annual gross income of £9,000 with tenants already in situ, and with a potential for future rental income, it's a worthwhile addition to any investor's portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a Let Property Pack available for further information, this is a great chance for investors to secure a profitable investment with minimal hassle.