Grove Park Oval, Newcastle Upon Tyne NE3 1 bed flat for sale

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Grove Park Oval, Newcastle Upon Tyne NE3 1 bed flat for sale

Grove Park Oval, Newcastle Upon Tyne NE3
£170,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Newcastle Upon Tyne is an attractive investment opportunity, generating an annual gross income of £11,940 with a tenant currently in situ. The property is well-maintained and features a lounge, kitchen, bathroom, and shared parking. With a tenant who has been in the property for several years and has consistently paid rent, this flat offers a reliable and stable source of income for investors. The property's potential rental income and purchase price make it a worthwhile addition to any portfolio, and the seller's commitment to a smooth transaction process ensures a hassle-free sale.