Alnwick Street, Newcastle upon Tyne NE15 2 bed end of terrace house for sale

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Alnwick Street, Newcastle upon Tyne NE15 2 bed end of terrace house for sale

Alnwick Street, Newcastle upon Tyne NE15
£127,000

Price History

Initial price £135,000
04/01/25 £133,000
11/01/25 £131,000
01/02/25 £129,000
01/03/25 £127,000
14/03/25 £125,000
21/03/25 £123,000
27/03/25 £135,000
04/04/25 £133,000
11/04/25 £131,000
18/04/25 £129,000
28/05/25 £127,000
Price Change -5.93%

Description

This 2-bedroom end of terrace house in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, a bathroom, and a kitchen. Currently, it produces an annual gross income of £6,840, which could be increased to a market rate of £12,000 with long-term tenants already situated. The tenants, who have been in the property for several years, have consistently paid their rent and do not intend to move out. With a purchase price that will generate a worthwhile return, this property is an attractive addition to any investor's portfolio.