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2 bed flat
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Our Summary
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- 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
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Description
This 2-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, ensuite, bathroom, and shared driveway. Currently, it generates an annual gross income of £10,800 with tenants already in situ, who have consistently paid their rent for several years and have no intention of moving out.
The property's potential rental income and purchase price make it a worthwhile addition to an investor's portfolio, and the current tenants' long-term commitment ensures a smooth transition for the buyer. With a Let Property Pack available for further details, interested investors are encouraged to contact the agent to learn more.