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2 Bed Terraced House, Single Let, Newcastle upon Tyne, NE17 7DB £56,000

8 Thames Street, Chopwell, NE17 7DB - 2 views - 5 months ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE17
  4. NE17 7DB
BTL
ROI: 12%
78 m²

ValuationUndervalued

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Property History

Listed for £56,000

July 26, 2025

Description

  • MID TERRACED HOUSE +
  • DINING KITCHEN +
  • LANDLORD INVESTMENT +
  • TENANT IN SITU FOR PAST 7 YEARS +
  • 10.5% RETURN ON INVESTMENT +
  • SOLAR PANELS +
  • TWO DOUBLE BEDROOMS +

This delightful mid-terraced house presents an excellent opportunity for investors as there is currently a long term tenant in contract at the property with 7 years rental history.
Spanning an impressive 840 square feet, the property boasts two generously sized double bedrooms, making it ideal for small families or those seeking extra space.

Upon entering, you will find a welcoming reception room that offers a comfortable area for relaxation and entertaining. The layout is practical and functional, ensuring that every inch of the home is utilised effectively. The property also features a well-appointed bathroom, catering to all your daily needs.

One of the standout features of this home is the inclusion of solar panels, which not only contribute to a more sustainable lifestyle but also help to reduce energy costs. This eco-friendly addition is particularly appealing in today's environmentally conscious market.

As an investment property, this home is currently tenanted, providing a hassle-free income stream for prospective buyers. With a remarkable return on investment of 10.5%, this property is a sound financial choice for those looking to expand their portfolio.

Chopwell itself is a quaint village that offers a sense of community while being conveniently located for access to nearby amenities and transport links. This property is not just a house; it is a promising investment opportunity in a desirable location. Do not miss the chance to make this charming home yours.

Entrance Porch - 1.09 x 1.32 (3'6" x 4'3") - Upvc entrance door to porch door to lounge.

Lounge - 4.60 x 4.66 (15'1" x 15'3") - Upvc window to front aspect, electric wall heater, electric fire in decorative surround.

Inner Hallway - 0.96 x 1.99 (3'1" x 6'6") - Stairs to first floor

Breakfasting Kitchen - 2.83 x 3.53 (9'3" x 11'6") - Wall and base units with laminate work surfaces, integral oven with electric hob, plumbed for automatic washing machine, tiled floor and splashbacks, Upvc window to rear aspect.

Bathroom - 2.89 x 1.54 (9'5" x 5'0") - Bath, WC, pedestal wash hand basin, wall heater, Upvc window to rear aspect.

First Floor Landing - 0.90 x 1.26 (2'11" x 4'1") - Electric wall heater

Bedroom One - 3.67m x 3.60 (12'0" x 11'9") - Upvc window to rear aspect and electric wall heater

Bedroom Two - 4.62 x 2.29 (15'1" x 7'6") - Upvc window to front aspect

Agent Details

Gilmore Estates, Prudhoe

01661 525168

Next Steps?

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

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