2 bed flat

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2 bed flat

Brunton Lane, Newcastle Upon Tyne NE3
£134,000

Our Summary

  • This two-bedroom flat in Newcastle Upon Tyne offers a prime investment opportunity
  • The property currently generates an annual gross income of £10,200 which has the potential to be increased to a market rate of £12,000 with the current tenants in place
  • For further details on the property’s investment potential, please refer to the attached Let Property Pack
  • Investment potential detailed below (Let Property Pack)

Description

This two-bedroom flat in Newcastle Upon Tyne offers a prime investment opportunity, boasting valuable amenities and a current tenant. The well-maintained property features two bedrooms, a spacious lounge, a modern kitchen, and a balcony, as well as an allocated parking space. The property currently generates an annual gross income of £10,200, with the potential to increase to £12,000 with the current tenants in place. With a substantial opportunity for investors seeking to expand their portfolio, this property presents a rewarding rental return. The current tenants have consistently paid their rent and have no intention of relocating, making this a stable and secure investment opportunity.