Ambergate Way, Newcastle upon Tyne NE3 3 bed terraced house for sale

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Ambergate Way, Newcastle upon Tyne NE3 3 bed terraced house for sale

Ambergate Way, Newcastle upon Tyne NE3
£159,000

Our Summary

  • 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 3-bedroom terrace house in Newcastle Upon Tyne offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features three bedrooms, two bathrooms, a spacious lounge, and a kitchen, as well as a rear garden space. Currently, it produces an annual gross income of £10,200, but with some adjustments, the new owner could increase this to £13,140, making it a worthwhile addition to an investment portfolio. The property already has a tenant in situ, who has consistently paid rent and has no plans to move out, making for a smooth transition. With its valuable amenities and rewarding rental returns, this property is an attractive option for investors.