Phillipson Street, Walker, Newcastle... 8 bed terraced house for sale

>

Phillipson Street, Walker, Newcastle... 8 bed terraced house for sale

Phillipson Street, Walker, Newcastle upon Tyne, NE6
£320,000

Our Summary

  • Welcome to Phillipson Street, Walker, NE6 – a superb investment opportunity ideal for expanding your portfolio or stepping into the property investment market
  • This modern, fully refurbished property boasts an impressive 10% rental yield and offers strong potential for future growth
  • It’s worth noting that the current rental values are below market rate, offering scope to increase rental yields further over time
  • Viewings are highly recommended to fully appreciate the quality of the renovation and the income potential on offer
  • Fantastic Investment Opportunity

Description

This property on Phillipson Street in Walker, NE6, is an excellent investment opportunity for expanding your portfolio or entering the property investment market. The modern, fully refurbished property has been transformed from a single dwelling into five high-quality flats, offering a strong 10% rental yield. The flats, which include three two-bedroom and two one-bedroom apartments, have been finished to a high standard and are being sold with tenants in situ, ensuring immediate rental income. With rental values below market rate, there is scope to increase rental yields over time. The property is a turn-key investment with strong fundamentals and room for growth, making it an attractive opportunity for investors.