Byrness, Newcastle upon Tyne NE5 3 bed terraced house for sale

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Byrness, Newcastle upon Tyne NE5 3 bed terraced house for sale

Byrness, Newcastle upon Tyne NE5
£115,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • 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 investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 3-bedroom mid-terrace house in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £6,600. With its spacious lounge, kitchen, and three bedrooms, the property has strong potential for rental returns. Additional features include a communal private parking and private front and rear gardens. The current tenants have been residing in the property for five years and wish to continue their tenancy, providing a stable and reliable income stream. With its potential for long-term rental income and a smooth transaction process, this property is a worthwhile addition to any investor's portfolio.