Quayside, Newcastle upon Tyne NE1 2 bed flat for sale

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Quayside, Newcastle upon Tyne NE1 2 bed flat for sale

Quayside, Newcastle Upon Tyne, NE1
£175,000

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 two bedrooms, two bathrooms, a bright reception room, and private driveway parking, as well as access to shared front and rear gardens. Currently, the property generates an annual gross income of £17,400 from a tenant who has been in situ for several years and has a good rental history. With its strong rental returns and potential for future growth, this property is a worthwhile addition to any investor's portfolio. The current tenants are committed to remaining in the property, making it a smooth and hassle-free investment opportunity.