2 bedroom flat for sale

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2 bedroom flat for sale

West Farm Avenue, Newcastle Upon Tyne, NE12
£85,000

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 flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a three-piece bathroom, lounge, and kitchen. Currently, it produces an annual gross income of £8,112 with tenants already situated, who have consistently paid their rent and have no intention of moving out. With a potential rental income that could be earned in future years, this property is a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years, and the seller is committed to facilitating a smooth transaction process between buyer and seller.