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

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

High Street East, Newcastle Upon Tyne NE28
£63,000

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)

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 a spacious lounge, modern kitchen, and 2 bedrooms. Currently, it generates an annual gross income of £9,000 with long-term tenants already situated, making it a worthwhile addition to an investor's portfolio. The tenants have a strong track record of paying their rent on time and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for rewarding rental returns, this property is an excellent choice for investors looking to maximize their returns.