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Benfield Road, Newcastle upon Tyne NE6 2 bed flat for sale
Benfield Road, Newcastle upon Tyne NE6
£120,000
Benfield Road, Newcastle upon Tyne NE6
£120,000
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)
Description
This 2-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity, offering strong potential for rental returns and a tenant already in residence. The property features two bedrooms, a dining room, kitchen, and three-piece bathroom, as well as communal private parking and private front and rear gardens. Currently generating an annual gross income of £9,000, this property has great potential for future rental income, making it a worthwhile addition to an investor's portfolio. The current tenants, who have been paying rent on time, do not plan to move out and wish to continue their tenancy, ensuring a smooth transition for the buyer.