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Grace Street, Newcastle upon Tyne NE6 2 bed flat for sale
Grace Street, Newcastle Upon Tyne, NE6
£65,000
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 offers a great investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, currently producing an annual gross income of £5,160. The property features two bedrooms, a three-piece bathroom, a lounge, and a kitchen, as well as on-street parking and private front and rear gardens. The current tenants have been residing in the property for several years and have consistently paid their rent on time, wishing to continue their tenancy. With its strong potential for rental returns and a tenant already in place, this property is a worthwhile addition to any investor's portfolio.