Coventry Way, Jarrow NE32 2 bed flat for sale

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Coventry Way, Jarrow NE32 2 bed flat for sale

Coventry Way, Jarrow, NE32
£65,000

Price History

Initial price £70,000
01/02/25 £68,000
15/02/25 £66,000
01/03/25 £64,000
14/03/25 £69,000
21/03/25 £67,000
27/03/25 £65,000
05/04/25 £63,000
11/04/25 £61,000
18/04/25 £59,000
23/04/25 £65,000
Price Change -7.14%

Description

This 2-bedroom flat in Jarrow is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,600. With long-term tenants already in place, the new owner can increase the rent to a market rate of £6,864, making it a worthwhile addition to an investor's portfolio. The current tenants have been paying rent consistently for several years and have no intention of moving out, ensuring a smooth transition for the new owner. With a Let Property Pack available for further details, this property offers a great chance for investors to generate rewarding rental returns.