2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Hotch Pudding Place, Newcastle Upon Tyne
£120,000

Price History

Initial price £130,000
20/05/25 £120,000
Price Change -7.69%

Description

This modern terraced property, built in 2018 by Keepmoat Homes, is being sold with a tenant in situ, generating an annual income of £8,280 (£690 per month) and a yield of 6.9%. Although the current rent is £690 per month, the property's market value rent is estimated to be £750-800 per month, resulting in a yield of 7.5%+. The property features a lounge, kitchen, downstairs W.C., two first-floor bedrooms, and a family bathroom. It also has gardens to the rear and off-street parking to the front. Located in a prime commuting spot, the property is close to the A1 and A69 roadlinks and just 5 miles from Newcastle City Centre.