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Chapel Court, Newcastle upon Tyne NE15 2 bed terraced house for sale
Chapel Court, Newcastle upon Tyne NE15
£100,000
Chapel Court, Newcastle upon Tyne NE15
£100,000
Our Summary
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom mid-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 lounge, bathroom, kitchen, and two bedrooms. Currently, it generates an annual gross income of £6,600, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £8,616. The property has a reliable tenant who has been in the property for several years and has consistently paid their rent, making it an attractive option for investors looking for a low-maintenance and potentially lucrative investment.