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Coventry Way, Jarrow NE32 2 bed flat for sale
Coventry Way, Jarrow NE32
£65,000
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 |
15/03/25 | £69,000 |
21/03/25 | £67,000 |
28/03/25 | £65,000 |
05/04/25 | £63,000 |
11/04/25 | £61,000 |
18/04/25 | £59,000 |
24/04/25 | £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 a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £6,600. However, with a market rate of £6,864, there is potential for an increase in rental returns. The property has a long-term tenant already in situ, who has consistently paid rent for several years and has no plans to move out. With a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and a smooth transaction process facilitated by Let Property.