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Belle Grove Terrace, Newcastle upon... 1 bed flat for sale
Belle Grove Terrace, Newcastle upon Tyne NE2
£80,000
Belle Grove Terrace, Newcastle upon Tyne NE2
£80,000
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 for those looking to expand their portfolio. The property is conveniently located near essential amenities and already has a tenant in residence, generating an annual gross income of £10,200. With a private front garden and on-street parking, the property offers a great balance of comfort and convenience. The current tenants, who have been paying rent on time, plan to continue their tenancy, providing a stable and reliable income stream for the new owner. With its strong potential for rental returns and a tenant already in place, this property is an excellent choice for investors looking to make a worthwhile addition to their portfolio.