Garth Twentyseven, Newcastle Upon... 2 bed terraced house for sale

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Garth Twentyseven, Newcastle Upon... 2 bed terraced house for sale

Garth Twentyseven, Newcastle Upon Tyne, NE12
£103,000

Price History

Initial price £130,000
12/10/24 £128,000
18/10/24 £126,000
25/10/24 £120,000
01/11/24 £118,000
08/11/24 £116,000
14/11/24 £114,000
21/11/24 £112,000
28/11/24 £110,000
05/12/24 £108,000
13/12/24 £106,000
19/12/24 £104,000
02/01/25 £102,000
09/01/25 £100,000
17/01/25 £98,000
30/01/25 £96,000
27/02/25 £105,000
13/03/25 £103,000
19/03/25 £101,000
26/03/25 £99,000
04/04/25 £97,000
09/04/25 £95,000
19/04/25 £105,000
25/04/25 £103,000
Price Change -20.77%

Description

This 2-bedroom terraced house in Newcastle Upon Tyne offers a fantastic investment opportunity for investors looking to expand their portfolio. The property is located in a desirable area with close proximity to amenities, and is currently generating an annual gross income of £6,600. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With a market rate of £12,000, the new owner has the potential to increase the rental income, making this a worthwhile addition to their portfolio. The property itself is well-kept, featuring two bedrooms, a private back garden, and a three-piece bathroom. With a tenant already in situ, the new owner can benefit from a smooth transition and minimal void periods, making this an attractive opportunity for investors.