Kingston Avenue, Newcastle upon Tyne NE6 2 bed terraced house for sale

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Kingston Avenue, Newcastle upon Tyne NE6 2 bed terraced house for sale

Kingston Avenue, Newcastle Upon Tyne, NE6
£115,000

Our Summary

  • 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
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom mid-terrace house in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £9,600 with tenants already in situ, and with a well-kept interior featuring 2 bedrooms, lounge, kitchen, bathroom, rear garden space, and parking. The current tenants have been paying rent consistently for several years and have no plans to move out, making it an attractive option for investors. With its proximity to valuable amenities and potential for future rental income, this property has the potential to be a worthwhile addition to any portfolio.