£110,000 /Sale price

Our latest listing is a 1 bedroom Flat located in New Castle Upon Tyne. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently situated. For investors looking to expand their portfolio, this is a fantastic opportunity! This well-kept home features 1 bedroom, a bathroom, and a kitchen. Investment details It currently produces an annual gross income of £11,400 which the new owner could increase to a market rate of £12,000 with long-term tenants presently 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 several years 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.