Chapel Court, Newcastle upon Tyne NE15 2 bed terraced house for sale

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Chapel Court, Newcastle upon Tyne NE15 2 bed terraced house for sale

Chapel Court, Newcastle upon Tyne NE15
£100,000

Price History

Initial price £110,000
04/01/25 £108,000
11/01/25 £106,000
17/01/25 £104,000
01/02/25 £102,000
01/03/25 £100,000
14/03/25 £98,000
21/03/25 £96,000
27/03/25 £94,000
04/04/25 £92,000
11/04/25 £90,000
18/04/25 £100,000
Price Change -9.09%

Description

This 2-bedroom mid-terraced house in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, bathroom, kitchen, and two bedrooms. Currently, it generates an annual gross income of £6,600, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £8,616. The property has a reliable tenant who has been in the property for several years and has consistently paid their rent, making it an attractive option for investors looking for a low-maintenance and potentially lucrative investment.