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Simonside Terrace, Newcastle upon... 3 bed flat for sale
Simonside Terrace, Newcastle Upon Tyne NE6
£141,000
Simonside Terrace, Newcastle Upon Tyne NE6
£141,000
Our Summary
- 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 3-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, ensuite, and bathroom. It currently generates an annual gross income of £10,200, but with a market rate of £12,000, the new owner has the potential to increase the rental returns. The property has a long-term tenant currently in situ, who has consistently paid rent for several years and has no intention of moving out. With a smooth transaction process and a Let Property Pack available, this is a worthwhile addition to any investor's portfolio.