Edwin Terrace, Greenside NE40 2 bed terraced house for sale

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Edwin Terrace, Greenside NE40 2 bed terraced house for sale

Edwin Terrace, Greenside NE40
£95,000

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 mid-terraced house in Ryton is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, ensuite, front garden space, and bathroom. Currently, it generates an annual gross income of £5,580, which could be increased to £7,836 with long-term tenants already in situ. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, making for a stable and lucrative investment. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.