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Byrness, Newcastle upon Tyne NE5 3 bed terraced house for sale
Byrness, Newcastle Upon Tyne, NE5
£110,000
Byrness, Newcastle Upon Tyne, NE5
£110,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- 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 investor's property portfolio
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 3-bedroom mid-terrace house in Newcastle Upon Tyne is an excellent investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and currently generates an annual gross income of £6,600, with tenants already in residence. The property features three bedrooms, two bathrooms, a spacious lounge, and a kitchen, as well as communal private parking and private front and rear gardens. The current tenants have been residing in the property for five years and have consistently paid their rent on time, making it a stable and reliable investment option. With a strong potential for rental returns and a tenant in place, this property is a worthwhile addition to any investor's portfolio.