High Street East, Newcastle Upon Tyne... 2 bed flat for sale

>

High Street East, Newcastle Upon Tyne... 2 bed flat for sale

High Street East, Newcastle Upon Tyne NE28
£61,000

Our Summary

  • 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 great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a spacious lounge, modern kitchen, and two bedrooms. Currently, it generates an annual gross income of £9,000 with long-term tenants already in place, making it a worthwhile addition to an investor's portfolio. The tenants have been consistent in their rent payments and have no plans to move out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for rental returns, this property is a fantastic opportunity for investors looking to grow their portfolio.