2 bedroom flat for sale

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2 bedroom flat for sale

Dukesfield, Newcastle Upon Tyne, NE27
£117,500

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)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is already generating an annual gross income of £9,300 with a tenant currently in situ, and its well-kept condition ensures a high rental yield. The current tenants, who have been living in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable and reliable income stream for the new owner. With its close proximity to valuable amenities and potential for future rental income growth, this property is a worthwhile addition to any investor's portfolio.