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
£179,999

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)

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-kept and features 2 bedrooms, lounge, kitchen, bathroom, front garden space, and street parking. Currently, it produces an annual gross income of £13,500 with tenants already in situ, and with a potential for future rental income, this property is a worthwhile addition to any investor's portfolio. The current tenants have consistently paid their rent and have no plans to move out, making for a smooth transition. With Let Property's commitment to facilitating a seamless transaction process, this is an opportunity not to be missed.