Akenside Terrace, Newcastle upon Tyne... 2 bed flat for sale

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Akenside Terrace, Newcastle upon Tyne... 2 bed flat for sale

Akenside Terrace, Newcastle upon Tyne NE2
£175,000

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)

Description

This 2-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity, with tenants currently in place and generating an annual gross income of £12,528. The property is well-maintained and features two spacious bedrooms, a bathroom, a lounge, and a modern kitchen. With a market rate potential of £13,644, the new owner has the opportunity to increase the rental income. The property is located in close proximity to valuable amenities, making it an attractive option for investors looking to expand their portfolio. The current tenants are situated long-term, ensuring a smooth transition for the new owner.