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3 bedroom semi-detached house for sale
Chase Mews, Jarrow NE32
£136,000
Chase Mews, Jarrow NE32
£136,000
Price History
Initial price | £140,000 |
26/07/24 | £138,000 |
08/09/24 | £136,000 |
Price Change | -2.86% |
Description
This investment property is a three-bedroom semi-detached home that has been tenanted for several years, with a current rent of £650 per month and a potential rent of £890 per month. The property is well-maintained and offers a hassle-free investment opportunity with reliable tenants already in place. The current valuation is £168,000, and the potential return on investment (ROI) after five years is 172%. The property is conveniently located, with easy access to local amenities and transport links, making it an attractive option for tenants. The property features a spacious lounge/kitchen area, three modern bathrooms, and three bedrooms with ample wardrobe space. With a consistent rental income and potential for increased rent, this property is an excellent addition to any property portfolio.