1 bed terraced house

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1 bed terraced house

Garth Twentyseven, Newcastle Upon Tyne NE12
£130,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

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 produces an annual gross income of £6,600, which could be increased to £12,000 with long-term tenants already in place. The tenants, who have been in the property for several years, have consistently paid their rent and do not intend to move out. With a purchase price that will generate a worthwhile return, this property offers a great chance for investors to add to their portfolio and benefit from a steady income stream.
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