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Garth Twentyseven, Newcastle Upon... 2 bed terraced house for sale
Garth Twentyseven, Newcastle Upon Tyne, NE12
£103,000
Garth Twentyseven, Newcastle Upon Tyne, NE12
£103,000
Our Summary
- 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 terraced house in Newcastle Upon Tyne offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is located in a desirable area with close proximity to amenities, and is currently generating an annual gross income of £6,600. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With a market rate of £12,000, the new owner has the potential to increase the rental income, making this a worthwhile addition to their portfolio. The property itself is well-kept, featuring two bedrooms, a private back garden, and a three-piece bathroom. With a tenant already in situ, the new owner can benefit from a smooth transition and minimal void periods, making this an attractive opportunity for investors.