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2 bedroom terraced house for sale
Hotch Pudding Place, Newcastle Upon Tyne NE5
£120,000
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, well-presented terraced property, built in 2018, is being sold on a "let" basis with a tenant in situ, paying £8,340 per annum (£695 per month), generating a yield of 6.95%. However, the current market value rent is estimated to be £750-800 per month, which would increase the yield to 7.5% or more. The property features a lounge, kitchen, downstairs W.C., two first-floor bedrooms, and a family bathroom, with gardens to the rear and off-street parking to the front. Its ideal location provides easy access to the A1 and A69 roadlinks, as well as being just under 5 miles from Newcastle city centre, making it an attractive option for commuters.