3 bedroom end of terrace house for sale

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3 bedroom end of terrace house for sale

Chase Mews, Jarrow, Tyne And Wear, NE32
£125,995

Price History

Initial price £149,995
27/04/24 £139,995
16/05/24 £129,995
26/07/24 £127,995
08/09/24 £125,995
Price Change -16.00%

Description

This tenanted 3-bedroom end-terrace property is an excellent investment opportunity, offering a hassle-free experience with reliable tenants already in place. The property has been consistently rented for several years, with a month-to-month rolling contract and no missed or late payments. The current rent is £7,800 per year, with potential to increase to £9,720 per year, resulting in a potential return of 174% over 5 years. The property is well-maintained and features a spacious lounge/kitchen area, three bedrooms, and two modern bathrooms. Its convenient location offers easy access to local amenities and transport links, making it an attractive option for tenants seeking ease and connectivity. With an EPC rating of C, this property is a great addition to any property portfolio.