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Belle Grove Terrace, Newcastle upon... 1 bed flat for sale
Belle Grove Terrace, Newcastle Upon Tyne, NE2
£75,000
Belle Grove Terrace, Newcastle Upon Tyne, NE2
£75,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- 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 investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Newcastle Upon Tyne is an attractive investment opportunity, boasting a tenant in residence and generating an annual gross income of £10,200. The property features one bedroom, a lounge, kitchen, and three-piece bathroom, as well as on-street parking and a private front garden. With the current tenants having been in residence for less than a year and wishing to continue their tenancy, this property offers strong potential for rental returns. The purchase price and potential rental income make it a worthwhile addition to an investor's portfolio, and Let Property is committed to facilitating a smooth transaction process.