0141 674 1833

Prince Consort Road, Hebburn, Newcastle, NE31

2 bedroom Semi-Detached House in Newcastle

For Sale
Offers Over £77,500
Current Yield 8.2 %
Potential Yield 10.5 %
Property Reference: 206844757
  • Semi-Detached House
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 70 sqm

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • 2 Bedrooms
  • Spacious Lounge
  • Rear Garden Space
  • Good Condition
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This is a 2-bedroom semi-detached house located in Newcastle. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The home features 2 bedrooms, bathroom, lounge, kitchen and rear garden space.

Investment Details

It currently produces an annual gross income of £6,540 which could be increased by the new owner to a market rate of £8,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 206844757

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £545
  • Potential Rent pcm: £700
  • Tenancy Agreement in place: YES
  • Tenancy Compliance in place: YES
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 206844757
Property Reference: 206844757

Property Location

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Request DetailsPrince Consort Road, Hebburn, Newcastle, NE31

Offers Over £77,500

Make an offer
Prince Consort Road, Hebburn, Newcastle, NE31

Listing Price

Offers Over £77,500

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.