2 bed terraced bungalow

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2 bed terraced bungalow

Lily Terrace, Newcastle Upon Tyne NE5
£120,000

Price History

Initial price £125,000
16/10/25 £120,000
Price Change -4.00%

Description

This 2-bedroom mid-terrace bungalow in Newcastle Upon Tyne offers a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and currently generates an annual gross income of £6,600 from a tenant who has been residing there for over 7 years and has a strong track record of paying rent on time. The property features two bedrooms, a lounge, a kitchen, and a three-piece bathroom, as well as on-street parking and a private rear garden. With its strong potential for rental returns and a tenant already in place, this property is a worthwhile addition to any investor's portfolio.