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
£165,000

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-kept home features three bedrooms, two bathrooms, a spacious lounge, kitchen, and rear garden space, and is currently producing an annual gross income of £10,200. With the potential to increase the rent to a market rate of £13,140, this property presents a worthwhile addition to an investor's portfolio. The current tenants have been consistently paying rent and have no intention of moving out, making for a smooth transition. With its valuable amenities, rewarding rental returns, and tenant currently situated, this property is an attractive option for investors seeking a stable and lucrative investment.