2 bedroom flat for sale

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2 bedroom 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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Newcastle Upon Tyne is an attractive investment opportunity, with tenants already 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. The current rental income is below market rate, offering potential for the new owner to increase it to £13,644. With a worthwhile addition to an investor's portfolio, this property presents a fantastic chance to expand one's rental portfolio.