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
£160,000

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 investors looking to expand their portfolio. The well-kept home features a spacious lounge, kitchen, and rear garden space, as well as 3 bedrooms and 2 bathrooms. Currently, the property produces an annual gross income of £10,200, which could be increased to a market rate of £13,140 with tenants already situated. The current tenants have consistently paid their rent and have no intentions to move out, providing a stable income stream for the new owner. With a worthwhile addition to an investor's portfolio, this property presents a unique opportunity for those looking to diversify their investment holdings.