Benton Road, Newcastle upon Tyne NE7 2 bed flat for sale

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Benton Road, Newcastle upon Tyne NE7 2 bed flat for sale

Benton Road, Newcastle Upon Tyne, NE7
£150,000

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 offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, garden ground space, and street parking. Currently, it generates an annual gross income of £9,900 with tenants already in situ, and with its potential for future rental income, it presents a worthwhile addition to an investor's portfolio. The current tenants have been in the property for several years and have consistently paid their rent, with no intention to move out, ensuring a smooth transition for the buyer. With its proximity to valuable amenities and potential for rental returns, this property is a great opportunity for investors to make a worthwhile investment.