Melbourne Street, Newcastle upon Tyne... 3 bed flat for sale

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Melbourne Street, Newcastle upon Tyne... 3 bed flat for sale

Melbourne Street, Newcastle Upon Tyne, NE1
£185,000

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 3-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is located in close proximity to valuable amenities and is currently generating a rewarding annual gross income of £16,800 from a tenant who has been in situ for several years and has consistently paid rent. The property itself is well-kept, featuring 3 comfortable bedrooms, a modern bathroom, spacious living room, and private underground parking. With its strong rental potential and long-term tenant, this property is sure to be a worthwhile addition to any investor's portfolio.