Albert Terrace, Newcastle ST5 2 bed end of terrace house for sale

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Albert Terrace, Newcastle ST5 2 bed end of terrace house for sale

Albert Terrace, Newcastle ST5
£118,000

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 2-bedroom end-terrace house in Newcastle Under Lyme is an attractive investment opportunity, with a current annual gross income of £7,200 and potential to increase to £9,612 with long-term tenants already in place. The property is well-maintained and features a lounge, kitchen, bathroom, and cellar, making it a solid addition to any investor's portfolio. The current tenants, who have lived in the property for several years, have a good payment history and intend to remain in the property, ensuring a smooth transition for the new owner. With a purchase price that will yield a worthwhile return, this property is an excellent choice for investors looking to expand their portfolio.