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Bruce Close, Newcastle upon Tyne NE5 3 bed end of terrace house for sale
Bruce Close, Newcastle upon Tyne NE5
£120,000
Bruce Close, Newcastle upon Tyne NE5
£120,000
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)
Description
This 3-bedroom end-of-terrace house in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, producing an annual gross income of £10,200. The well-maintained property features three bedrooms, a spacious lounge, kitchen, and three-piece bathroom, as well as on-street parking and a private rear garden. The current tenants have been paying rent on time for several years and wish to continue their tenancy, making for a smooth transition for the buyer. With its strong potential for rental returns and convenient location, this property is a worthwhile addition to any investor's portfolio.