Offers over
£160,000
(£233/sq. ft)
2 bed flat for saleAkenside Terrace, Newcastle Upon Tyne NE2
2 beds
1 bath
1 reception
688 sq. ft
EPC Rating: C
About this property
Buy-to-Let Opportunity
Tenants Currently Situated
Spacious Rooms
Modern Kitchen
Likely to attract enquiries from Serious Investors & Developers
Investment potential detailed below (Let Property Pack)
Cash Offer Only
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-maintained home features two spacious bedrooms, a bathroom, a lounge, and a modern kitchen.
Investment details
It currently produces an annual gross income of £12,528 which could be increased by the new owner to a market rate of £13,644 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
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Mortgage calculator
£800 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
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