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Dukesfield, Newcastle upon Tyne NE27 2 bed flat for sale
Dukesfield, Newcastle upon Tyne NE27
£112,000
Dukesfield, Newcastle upon Tyne NE27
£112,000
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)
Description
This 2-bedroom flat in Newcastle Upon Tyne offers a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £9,300 with tenants already in situ, and has the potential to increase in value over time. The well-maintained home features two bedrooms, a lounge, kitchen, and bathroom, and is situated close to valuable amenities. The current tenants have been long-term residents and have consistently paid their rent, with no intention to move out. With its strong rental returns and potential for future growth, this property is a worthwhile addition to any investor's portfolio.