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Ambergate Way, Newcastle upon Tyne NE3 3 bed terraced house for sale
Ambergate Way, Newcastle Upon Tyne, NE3
£163,000
Ambergate Way, Newcastle Upon Tyne, NE3
£163,000
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 is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 3 bedrooms, 2 bathrooms, a spacious lounge, and a kitchen, as well as a rear garden space. Currently, it produces an annual gross income of £10,200, which could be increased to a market rate of £13,140 with new tenants. The current tenants have been paying rent consistently and have no plans to move out, making it an attractive option for investors. With a valuable location and a tenant already in place, this property offers a worthwhile addition to any investment portfolio.