3 bed flat

This 3-bedroom flat in Newcastle Upon Tyne is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, kitchen, ensuite, and bathroom, and is currently generating an annual gross income of £10,200. With long-term tenants already in place, the new owner has the potential to increase the rental income to a market rate of £12,000. The property has been well-maintained and has a reliable tenant base, making it a worthwhile addition to an investor's portfolio. With a tenant already situated, the new owner can benefit from a smooth transition and minimal disruption, making it an attractive option for those looking to add to their rental portfolio.