2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Garth Twentyseven, Newcastle Upon Tyne NE12
£105,000

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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a private back garden and three-piece bathroom. Currently, it generates an annual gross income of £6,600, which could be increased to a market rate of £12,000 with long-term tenants already in place. The tenants, who have lived in the property for several years, have a consistent rental payment history and intend to remain in the property. With a competitive purchase price, this property has the potential to provide a worthwhile addition to an investor's portfolio.
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