Summary - 281 GRACE STREET NEWCASTLE UPON TYNE NE6 2RP
2 bed 1 bath Flat
**Standout Features:**
- 2-bedroom mid-terraced flat in Newcastle upon Tyne
- Currently tenanted, generating an annual income of £5,160
- Private front and rear gardens, ideal for outdoor relaxation
- On-street parking available
- Strong rental potential in a buy-to-let opportunity
This charming 2-bedroom flat is a prime investment opportunity in the competitive Newcastle market, ideal for serious investors and developers. Situated in a vibrant community with essential amenities nearby, this property currently boasts reliable tenants with a history of timely rent payments who wish to continue their tenancy. The flat features a cozy living space, including a comfortable lounge, a practical kitchen, and a well-appointed three-piece bathroom.
The enclosed front and rear gardens provide a rare outdoor space in an urban setting, enhancing its appeal. On-street parking adds to the convenience for residents. Although located in a deprived area with a high crime rate, the excellent mobile signal and fast broadband make it attractive for renters. This property is competitively priced at just £65,000, making it a savvy choice for investment, especially given the consistent rental income potential. Don’t miss out—opportunities like this are hard to come by!
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