Castle Road, Prudhoe NE42 2 bed semi

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Castle Road, Prudhoe NE42 2 bed semi

Castle Road, Prudhoe NE42
£94,000

Price History

Initial price £120,000
28/09/24 £118,000
04/10/24 £116,000
10/10/24 £114,000
18/10/24 £112,000
25/10/24 £110,000
01/11/24 £108,000
07/11/24 £106,000
26/11/24 £98,000
28/11/24 £96,000
05/12/24 £94,000
12/12/24 £92,000
19/12/24 £90,000
01/01/25 £88,000
09/01/25 £97,000
15/01/25 £95,000
30/01/25 £93,000
02/03/25 £91,000
12/03/25 £89,000
19/03/25 £87,000
25/03/25 £95,000
02/04/25 £93,000
09/04/25 £91,000
16/04/25 £89,000
26/04/25 £87,000
02/05/25 £94,000
Price Change -21.67%

Description

This 2-bedroom semi-detached house in Prudhoe is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, bathroom, rear garden space, and private driveway. Currently, it produces an annual gross income of £6,000, but with the possibility of increasing the rent to £8,544 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With a purchase price that makes for a worthwhile addition to an investor's portfolio, this property is a great option for those looking to generate rewarding rental returns.