House For Sale £130,000
This terraced house in Newcastle is a fantastic opportunity for any property investor. With three bedrooms and one bathroom, it offers comfortable and spacious living for tenants. The property is in good condition and ready to be tenanted, making it a hassle-free investment.
At 954 square feet, the house has two floors and a garden, providing plenty of space both inside and out. It is located in the outskirts of Newcastle, close to a number of parks and in a quiet area. Despite its peaceful location, the property is only a 20-minute train journey or 10-minute car journey away from the vibrant city centre of Newcastle.
The list price of £130000 makes this property an affordable investment. Additionally, the rent yield is over 5%, providing a strong return on investment.
The Newcastle area is an attractive location for buy to let investors for a number of reasons. According to recent data, the demand for rental properties in the area is consistently high, with the average occupancy rate at around 95%. This means that properties in Newcastle have a low vacancy rate, ensuring a steady stream of income for landlords.
The city is also home to a number of universities, making it a popular choice for students looking for rental accommodation. This provides a reliable source of tenants for landlords.
In terms of house price growth, Newcastle has performed well in recent years. Data shows that property prices in the area have increased by an average of 4.9% per year over the past decade. This trend is expected to continue, making it a strong investment opportunity.
Overall, this terraced house in Newcastle is a great investment opportunity for any property investor. It is in good condition, affordable, and offers a strong rent yield. Its location in the outskirts of Newcastle allows for peaceful living, while still being close to the city centre and all it has to offer. The high demand for rental properties in the area and strong house price growth make it a smart choice for any buy to let investor.
At 954 square feet, the house has two floors and a garden, providing plenty of space both inside and out. It is located in the outskirts of Newcastle, close to a number of parks and in a quiet area. Despite its peaceful location, the property is only a 20-minute train journey or 10-minute car journey away from the vibrant city centre of Newcastle.
The list price of £130000 makes this property an affordable investment. Additionally, the rent yield is over 5%, providing a strong return on investment.
The Newcastle area is an attractive location for buy to let investors for a number of reasons. According to recent data, the demand for rental properties in the area is consistently high, with the average occupancy rate at around 95%. This means that properties in Newcastle have a low vacancy rate, ensuring a steady stream of income for landlords.
The city is also home to a number of universities, making it a popular choice for students looking for rental accommodation. This provides a reliable source of tenants for landlords.
In terms of house price growth, Newcastle has performed well in recent years. Data shows that property prices in the area have increased by an average of 4.9% per year over the past decade. This trend is expected to continue, making it a strong investment opportunity.
Overall, this terraced house in Newcastle is a great investment opportunity for any property investor. It is in good condition, affordable, and offers a strong rent yield. Its location in the outskirts of Newcastle allows for peaceful living, while still being close to the city centre and all it has to offer. The high demand for rental properties in the area and strong house price growth make it a smart choice for any buy to let investor.
