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

>

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

Chapel Court, Newcastle Upon Tyne, NE15
£102,000

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
Price Change -7.27%

Description

This 2-bedroom mid-terraced house in Newcastle Upon Tyne is a great investment opportunity for those looking to expand their portfolio. The property is already generating an annual gross income of £6,600, which could be increased to £8,616 with long-term tenants already in place. The tenants have been living in the property for several years and have consistently paid their rent, with no intention of moving out. The property features 2 bedrooms, a lounge, a bathroom, and a kitchen, and is located near valuable amenities. With a purchase price and rental returns, this property has the potential to be a worthwhile addition to an investor's portfolio.