3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Otterburn, Newcastle Upon Tyne
£595,000

Our Summary

  • Currently operating as a successful holiday let, this property is an excellent investment opportunity

Description

This charming detached bungalow in the picturesque village of Otterburn, Newcastle Upon Tyne, is a unique investment opportunity that has been successfully operating as a holiday let. The property, known as Sunnyside, is situated in a quaint village that blends historical intrigue with natural beauty, making it an ideal destination for outdoor enthusiasts. With an impressive annual turnover of £50,000, the property serves as the main feeder venue for two renowned local events, Le Petit Chateau and Woodhill Hall, and consistently books guests throughout the year, with rates ranging from £545 to £675 per night. As a result, this property offers a peaceful rural lifestyle and a lucrative investment opportunity for those looking to capitalize on its popularity.
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