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Albert Terrace, Newcastle ST5 2 bed end of terrace house for sale
Albert Terrace, Newcastle ST5
£116,000
Albert Terrace, Newcastle ST5
£116,000
Price History
Initial price | £130,000 |
21/12/24 | £128,000 |
28/12/24 | £124,000 |
03/01/25 | £122,000 |
11/01/25 | £120,000 |
17/01/25 | £118,000 |
31/01/25 | £116,000 |
Price Change | -10.77% |
Description
This 2-bedroom end-terrace house in Newcastle Under Lyme is an excellent investment opportunity, with a current annual gross income of £7,200 and potential to increase to £9,612 with long-term tenants already in place. The property is well-kept and features a lounge, kitchen, bathroom, and cellar, making it a fantastic addition to any investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile investment for anyone looking to expand their portfolio.