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2 bedroom flat for sale
Audley Road, Newcastle Upon Tyne, NE3
£157,000
Audley Road, Newcastle Upon Tyne, NE3
£157,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom flat in Newcastle Upon Tyne offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features a modern lounge, kitchen, patio, and garden space, as well as two bedrooms and a three-piece bathroom. The current tenant has been living in the property for several years and has consistently paid rent, with no intention to move out. The property currently produces an annual gross income of £9,600, which could be increased to a market rate of £11,100 with the new owner, making it a worthwhile addition to an investor's portfolio. With a valuable location and rewarding rental returns, this is an attractive opportunity for those looking to invest in the area.