Ethel Terrace, Rowlands Gill NE39 3 bed end of terrace house for sale

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Ethel Terrace, Rowlands Gill NE39 3 bed end of terrace house for sale

Ethel Terrace, Rowlands Gill, NE39
£162,000

Price History

Initial price £180,000
21/12/24 £177,000
24/12/24 £174,000
03/01/25 £171,000
11/01/25 £168,000
17/01/25 £165,000
01/02/25 £162,000
Price Change -10.00%

Description

This 3-bedroom end of terrace house in Rowlands Gill is a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £11,700, but with the potential to increase to £13,800 with a market rate rent. The current tenants, who have lived in the property for several years, are willing to stay on, making for a smooth transition. The property itself is well-kept and features 3 bedrooms, a lounge, kitchen, bathroom, and back garden space. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.