This property is not currently available. It may be sold or temporarily removed from the market.

£70,000
  • Ref: 11073
  • Type: Terraced House
  • Availability: Sold STC
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold
  • Make Enquiry
    • Make Enquiry

    Property Features

    • 5 YEAR LEASE IN PLACE
    • RENT £685
    • RETURNS 8.1%
    • EPC D
    • CLOSE TO CITY CENTRE

    Property Description

    NEPI are pleased to bring you a three bedroom terraced house located in Scotswood which is situated only 3 miles from Newcastle City Centre as well as 2 miles from Gateshead Metro Centre
    This is a very rare opportunity to be able purchase a 3 bed family home in this location due to the rising house prices and high demand .
    The property is available with a 5 year fixed lease offering an excellent guaranteed income.
    The annual rent for the property is set at £7569 net per year, which totals £41,135 over the full five years of the contract.
    This is perfect long term investment generating a yield of over 8.1% (Based on purchase price, fees and refurbishment costs)
    ...

    Contact Us

    Address
    North East Property Investment Ltd
    11 Riverside Studios
    Amethyst Rd
    Newcastle Upon Tyne
    Tyne and Wear
    NE4 7YL

    Working With