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Ravenshill Road, Newcastle upon Tyne NE5 2 bed flat for sale
Ravenshill Road, Newcastle Upon Tyne, NE5
£75,000
Ravenshill Road, Newcastle Upon Tyne, NE5
£75,000
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 attractive investment opportunity, currently generating an annual gross income of £6,000 with a tenant already in situ. The property is well-maintained and features a lounge, kitchen, bathroom, garden ground space, and street parking. With its proximity to amenities and potential for future rental income, this flat is a worthwhile addition to any investor's portfolio. The current tenants, who have been in the property for several years, have consistently paid their rent and do not intend to move out, making for a smooth transition for the new buyer.