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Byrness, Newcastle upon Tyne NE5 3 bed terraced house for sale
Byrness, Newcastle Upon Tyne, NE5
£125,000
Byrness, Newcastle Upon Tyne, NE5
£125,000
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 offers 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, generating an annual gross income of £6,600. With a spacious lounge, kitchen, three bedrooms, and two bathrooms, the property also features a communal private parking and private front and rear gardens. The current tenants have been in residence for five years and have consistently paid their rent on time, making for a reliable and worthwhile investment. With its strong potential for rental returns and a tenant already in place, this property is an attractive option for investors seeking a hassle-free addition to their portfolio.