- Buy-to-Let Opportunity +
- Ensuite Bathroom +
- Balcony +
- Allocated Parking +
- Easy Access to Local Amenities +
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +
This two-bedroom flat in Newcastle Upon Tyne offers a prime investment opportunity. It boasts valuable amenities in close proximity, promising rewarding rental returns and a current tenant.
The well-maintained property features two bedrooms, a spacious lounge, a three-piece and ensuite bathroom, and a modern kitchen in excellent condition. Additionally, it includes a balcony and an allocated parking space.
Investment Details:
The property currently generates an annual gross income of £10,200 which has the potential to be increased to a market rate of £12,000 with the current tenants in place. Considering the purchase price, this investment presents a substantial opportunity for investors seeking to expand their portfolio.
For further details on the property's investment potential, please refer to the attached Let Property Pack.
Should you express interest in this property, please contact us.
Tenancy Details:
The current tenants have consistently paid their rent throughout their tenancy and have no intention of relocating. They are committed to remaining in the property.
Let Property Sales is dedicated to facilitating a seamless transaction process and ensuring mutual commitment from both parties. To secure a property, a fully refundable buyer's premium may be applied. This premium is not an additional cost and is refunded in the event of non-completion.