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Knightsbridge Court, Gosforth NE3 2 bed flat for sale
Knightsbridge Court, Newcastle Upon Tyne, NE3
£170,000
Knightsbridge Court, 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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Newcastle Upon Tyne offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, ensuite, bathroom, and shared driveway. Currently, it generates an annual gross income of £10,800 with a tenant already in situ, providing a steady stream of rental returns. The property has a long-standing tenant who has consistently paid rent and has no intention of moving out, ensuring a smooth transition for the buyer. With its potential for future rental income and the current tenant already in place, this property is a worthwhile addition to any investor's portfolio.