2 bedroom flat for sale

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2 bedroom flat for sale

West Farm Avenue, Newcastle Upon Tyne, NE12
£79,000

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 a lucrative investment opportunity, generating an annual gross income of £8,112 with a tenant currently in situ. The property is well-maintained and features 2 bedrooms, a three-piece bathroom, lounge, and kitchen. With a long-term tenant already in place, the property offers a stable source of rental returns, making it an attractive addition to an investor's portfolio. The current tenants have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the buyer. With its proximity to amenities and potential for future rental income growth, this property is a worthwhile investment for those looking to expand their portfolio.