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
£66,000

Price History

Initial price £70,000
01/02/25 £68,000
15/02/25 £66,000
Price Change -5.71%

Description

This 2-bedroom flat in Jarrow is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, and bathroom, with a current annual gross income of £6,600, which has the potential to increase to £6,864 with a market rate rent. The property is already tenanted by long-term residents who have consistently paid their rent and have no plans to move out. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property presents a fantastic opportunity for those looking to generate rewarding rental returns.