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Belle Grove Terrace, Newcastle upon... 1 bed flat for sale
Belle Grove Terrace, Newcastle Upon Tyne, NE2
£90,000
Belle Grove Terrace, Newcastle Upon Tyne, NE2
£90,000
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 a fantastic investment opportunity, offering strong potential for rental returns and a tenant already in residence. The property features one bedroom, a lounge, kitchen, and three-piece bathroom, as well as on-street parking and a private front garden. Currently generating an annual gross income of £10,200, it has the potential to be a worthwhile addition to an investor's portfolio. The current tenants, who have been paying rent on time, plan to continue their tenancy, making for a smooth transaction process. With its convenient location and solid rental income, this property is a great option for investors looking to expand their portfolio.