>
Close, Newcastle upon Tyne NE1 2 bed flat for sale
Close, Newcastle Upon Tyne, NE1
£170,000
Close, Newcastle Upon Tyne, NE1
£170,000
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 is an attractive investment opportunity, generating an annual gross income of £12,000 with a tenant already in situ. The well-maintained property features 2 bedrooms, lounge, kitchen, bathroom, and ensuite, and has been consistently rented by the same tenant for several years. With a purchase price that offers a strong potential return on investment, this property is an excellent addition to any portfolio. The current tenant has no plans to move out, ensuring a smooth transition for the buyer. Let Property is committed to facilitating a seamless transaction process, making this an attractive option for investors looking to expand their portfolio.