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
£131,000

Price History

Initial price £135,000
04/01/25 £133,000
11/01/25 £131,000
Price Change -2.96%

Description

This 2-bedroom end-of-terrace house in Newcastle Upon Tyne is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features two bedrooms, a lounge, a bathroom, and a kitchen. Currently, it produces an annual gross income of £6,840, which has the potential to increase to £12,000 with long-term tenants already in place. The current tenants have been renting the property for several years and have consistently paid their rent, with no intention to move out. With a competitive purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio.