Lily Terrace, Newcastle upon Tyne NE5 2 bed terraced bungalow for sale

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Lily Terrace, Newcastle upon Tyne NE5 2 bed terraced bungalow for sale

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.