Summary - Garth Twentyseven, Newcastle Upon Tyne, NE12 NE12 6AF
2 bed 1 bath Terraced
Let property with long-term tenant and clear rental-upside — cash buyers only.
Freehold two-bedroom mid-terrace, approximately 718 sq ft
A straightforward two-bedroom terraced house offered as a buy-to-let opportunity in NE12. The property is freehold, well maintained and currently let to long-term tenants who have consistently paid rent for several years, providing immediate rental income and minimal void risk.
The current annual gross income is £6,600 with quoted potential to re-let at around £12,000 per year at market rate, making this attractive for investors seeking yield uplift. At approximately 718 sq ft, the layout includes a living room, kitchen-diner and private rear garden, all in good, tidy condition.
Important considerations: sale is cash offer only and a Buyers Premium applies to secure the purchase. The property sits in a deprived area of hard-pressed rented terraces, broadband speeds are very slow and the plot is small. Crime is described as average for the area. These factors affect tenant demand and management requirements, so they should be weighed against the rental upside.
Overall this is a practical addition to a rental portfolio for investors or developers targeting income and medium-term capital growth, provided they accept the cash-only sale terms and take account of local area constraints.
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