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St. Keverne Square, Newcastle upon... 2 bed flat for sale
St. Keverne Square, Newcastle upon Tyne NE5
£70,000
St. Keverne Square, Newcastle upon Tyne NE5
£70,000
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)
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 a spacious lounge, well-equipped kitchen, three-piece bathroom, and shared front garden space. Currently, it produces an annual gross income of £6,900 with tenants already in situ, and its potential rental income makes it a worthwhile addition to an investor's portfolio. The tenants have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the buyer. With its proximity to valuable amenities and on-street parking, this property presents a fantastic chance for investors to generate rewarding rental returns.