3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Ambergate Way, Newcastle Upon Tyne, NE3
£170,000

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 offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features three bedrooms, two bathrooms, a spacious lounge, kitchen, and rear garden space, and is currently producing an annual gross income of £10,200. With a tenant already in situ, the property has the potential to increase its rental income to a market rate of £13,140, making it a worthwhile addition to an investor's portfolio. The current tenants have consistently paid their rent and have no intentions of moving out, ensuring a smooth transition for the new owner.