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Close, Newcastle upon Tyne NE1 2 bed flat for sale
Close, Newcastle upon Tyne NE1
£195,000
Close, Newcastle upon Tyne NE1
£195,000
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)
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 place. The property is well-maintained and features a lounge, kitchen, bathroom, and ensuite. With its proximity to amenities and potential for future rental income, it presents a worthwhile addition to an investor's portfolio. The current tenants, who have been in the property for several years, have consistently paid their rent and do not intend to move out, making for a smooth transaction process. With its rewarding rental returns and stable tenancy, this property is an excellent choice for investors looking to expand their portfolio.