3 bedroom semi-detached house for sale

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3 bedroom semi-detached house for sale

Chase Mews, Jarrow, Tyne And Wear, NE32
£136,000

Price History

Initial price £150,000
11/05/24 £145,000
29/05/24 £140,000
26/07/24 £138,000
08/09/24 £136,000
Price Change -9.33%

Description

This is an investment property opportunity, a tenanted 3-bed semi-detached property that offers a hassle-free investment with reliable tenants already in place. The property is well-maintained and located conveniently, with easy access to local amenities and transport links. The current valuation is £168,000, with a current rent of £650 per month, yielding 5.74%. With potential rent of £890 per month, the yield increases to 7.85%. The property has a consistent rental history, with no missed or late payments. The accommodation features three bedrooms, a spacious lounge/kitchen area, and three modern bathrooms. With a potential return on investment of 172% after five years, this property is an attractive addition to any portfolio. Contact the agent for a copy of the investment schedule and to learn more about this opportunity.