Grosvenor Road, Newcastle upon Tyne NE2 2 bed flat for sale

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Grosvenor Road, Newcastle upon Tyne NE2 2 bed flat for sale

Grosvenor Road, Newcastle Upon Tyne, NE2
£175,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • 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 offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, front garden space, and street parking. Currently, it generates an annual gross income of £13,500 from a tenant who has consistently paid rent and has no plans to move out. With a potential for future rental income and a purchase price that makes it a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding returns.