2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

Castle Road, Prudhoe, NE42
£98,000

Price History

Initial price £120,000
28/09/24 £118,000
04/10/24 £116,000
11/10/24 £114,000
18/10/24 £112,000
25/10/24 £110,000
01/11/24 £108,000
07/11/24 £106,000
14/11/24 £100,000
20/11/24 £98,000
Price Change -18.33%

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-kept and features a lounge, kitchen, bathroom, rear garden space, and private driveway. Currently, it produces an annual gross income of £6,000, which could be increased to a market rate of £8,544 with long-term tenants already in place. The tenants have been consistently paying rent for several years and have no intentions to move out, making for a stable and lucrative investment. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is an attractive option for those looking to generate rewarding rental returns.