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Lily Terrace, Newcastle upon Tyne NE5 2 bed terraced bungalow for sale
Lily Terrace, Newcastle upon Tyne NE5
£118,000
Lily Terrace, Newcastle upon Tyne NE5
£118,000
Price History
| Initial price | £125,000 |
| 16/10/25 | £120,000 |
| 29/10/25 | £115,000 |
| 05/11/25 | £116,000 |
| 10/01/26 | £118,000 |
| Price Change | -5.60% |
Description
This 2-bedroom mid-terrace bungalow in Newcastle Upon Tyne is a fantastic investment opportunity, offering strong potential for rental returns. The property features two bedrooms, a lounge, a kitchen, and a three-piece bathroom, and is conveniently located close to essential amenities with on-street parking and a private rear garden. Currently generating an annual gross income of £6,600 with tenants in residence, this property has the potential to earn even more in future years, making it a worthwhile addition to an investor's portfolio. The current tenants have been renting the property for over 7 years and wish to continue their tenancy, ensuring a smooth transition for the new owner.