Initial price	£70,000
24/05/25	£68,000
Price Change	-2.86%

This 2-bedroom mid-terraced property in Herrington, Tyne and Wear is being sold as an investment opportunity with a current rental income of £595 per month (£7,140 per year). The property has been recently refurbished, with works including a new roof, boiler, flooring, and decoration. The property includes a living room, kitchen, and two bedrooms, as well as a large rear garden that is separately let to the tenants for an additional £20 per month. The property is being sold with a guide price of £68,000 and offers a gross yield of 10.2% and a net yield of 9.5% after management fees. The property is freehold and is currently tenanted, providing a steady income stream for investors.