3 bed terraced house

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3 bed terraced house

Ambergate Way, Newcastle Upon Tyne NE3
£160,000

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 3-bedroom terrace house in Newcastle Upon Tyne is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 3 bedrooms, 2 bathrooms, a spacious lounge, kitchen, and rear garden space. Currently, the property produces an annual gross income of £10,200, which has the potential to increase to £13,140 with a new owner. The current tenants have been consistently paying rent and have no plans to move out, making it a stable and lucrative investment. With its proximity to valuable amenities and potential for increased rental returns, this property is an excellent addition to any investor's portfolio.