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Simonside Terrace, Newcastle upon... 3 bed flat for sale
Simonside Terrace, Newcastle Upon Tyne NE6
£137,000
Simonside Terrace, Newcastle Upon Tyne NE6
£137,000
Price History
| Initial price | £155,000 |
| 05/03/25 | £150,000 |
| 15/03/25 | £147,000 |
| 22/03/25 | £145,000 |
| 29/03/25 | £143,000 |
| 05/04/25 | £141,000 |
| 11/04/25 | £139,000 |
| 17/04/25 | £137,000 |
| Price Change | -11.61% |
Description
This 3-bedroom flat in Newcastle Upon Tyne is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, ensuite, and bathroom, and is currently generating an annual gross income of £10,200. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £12,000. The property has been well-maintained and has a reliable tenant base, making it a worthwhile addition to an investor's portfolio. With a tenant already situated, the new owner can benefit from a smooth transition and minimal disruption, making it an attractive option for those looking to add to their rental portfolio.