Summary - 35, ALNWICK STREET, NEWCASTLE UPON TYNE NE15 8PT
2 bed 1 bath End of Terrace
**Standout Features:**
- **Type:** 2-bedroom End of Terrace house
- **Status:** Currently tenanted with a long-term tenant
- **Price:** £127,000
- **Rental Income:** Existing gross income of £6,840/year, with potential to increase to £12,000/year
- **Location:** Convenient access to local amenities in Newcastle Upon Tyne
- **Condition:** Well-maintained
- **Tenure:** Freehold
- **Connectivity:** Excellent mobile signal and fast broadband speeds
**Notable Concerns:**
- Crime rate in the area is above average
- Area classification describes local demographics as deprived
**Summary Description:**
Discover an exceptional buy-to-let opportunity with this well-maintained, 2-bedroom End of Terrace house in Newcastle Upon Tyne. Perfect for serious investors, this property comes complete with a reliable long-term tenant, generating an annual gross income of £6,840, with room for potential growth to £12,000. The modern red-brick facade and medium-sized layout make it an appealing option for small families or investors seeking security and consistent returns.
With easy access to amenities and major conurbation benefits, this property is situated within a residential area conducive to family life, despite a higher-than-average crime rate. Investing in this home not only offers immediate rental income but also a foothold in a transitioning neighborhood with future redevelopment possibilities. Don’t miss out on this attractive addition to your portfolio—consider the possibilities and act quickly!
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