2 bed terraced house

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2 bed terraced house

Hotch Pudding Place, Newcastle Upon Tyne NE5
£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 already in situ, paying £8,280 per annum (£690 per month). This creates a yield of 6.9%, although the current market value rent is estimated to be higher, potentially yielding 7.5% or more. The property features a lounge, kitchen, downstairs WC, two first-floor bedrooms, and a family bathroom, with gardens to the rear and off-street parking to the front. Its location is ideal for commuters, with easy access to the A1 and A69 roadlinks and just under 5 miles from Newcastle city centre.