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3 Bed Flat, Single Let, Newcastle upon Tyne, NE5 3AN £68,000

Moorside Court, Newcastle Upon Tyne, NE5 3AN - 4 views - 7 months ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE5
  4. NE5 3AN
Under Offer
Leasehold
BTL
ROI: 20%
~93 m²

ValuationUndervalued

AI score: 55/100. This may not be accurate, please check manually.

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE5
  • More Single Let Deals
  • More Single Let Deals in Newcastle Upon Tyne
  • More Single Let Deals in NE5

Property History

Listed for £68,000

May 16, 2025

Sold for £52,000

2020

Sold for £20,000

2008

Description

  • Buy-to-Let Opportunity +
  • Tenants Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Well kept flat +
  • Balcony +
  • Three Piece bathroom +
  • On-street parking +
  • Communal rear garden +
  • Easy Access to Local Amenities +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 3-bedroom flat located in Newcastle Upon Tyne. It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-maintained flat features three bedrooms, a three-piece bathroom, a lounge, and a kitchen. Additional benefits include a private balcony and convenient on-street parking

Investment details

It currently produces an annual gross income of £9,000, which the new owner could increase to a market rate of £9,552 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for less than one year and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

AI score: 55/100. This may not be accurate, please check manually.

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