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2 bedroom semi-detached house for sale
Castle Road, Prudhoe, NE42
£98,000
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.