Grace Street, Newcastle upon Tyne NE6 2 bed flat for sale

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Grace Street, Newcastle upon Tyne NE6 2 bed flat for sale

Grace Street, Newcastle Upon Tyne, NE6
£65,000

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 2-bedroom flat in Newcastle upon Tyne is an attractive investment opportunity, boasting a tenant in residence and generating an annual gross income of £5,160. The property features two bedrooms, a lounge, bathroom, and kitchen, as well as on-street parking and private front and rear gardens. The current tenants, who have been residing in the property for several years, plan to continue their tenancy, providing a stable and reliable income stream for investors. With its strong potential for rental returns and convenient location, this property is an excellent addition to any portfolio, and Let Property is committed to facilitating a smooth transaction process for buyers and sellers alike.