**Key Features:**
- **Investment Property:** Pair of flats with tenants already in place.
- **Layout:** Two-bedroom ground floor flat and three-bedroom first floor flat, each with a lounge and bathroom.
- **Shared Yard:** Access to a small shared rear yard.
- **Freehold Ownership:** Secure your investment with full control over the property.
- **Rental Income:** Total current rental income of £1,250 per month (£15,000 per year).
- **Potential for Growth:** Located near transport links and amenities, ideal for long-term tenants.
This charming Victorian terraced property is a prime investment opportunity, featuring two flats with a total of five bedrooms, making it perfect for student rentals or family living. The ground floor flat consists of two bedrooms, while the first floor boasts three more, with both units offering a cozy lounge and shared access to a low-maintenance rear yard. The property benefits from double glazing throughout and is located within a vibrant community, with excellent transport links to Newcastle city center and the MetroCentre.
While the area experiences some crime challenges, it remains a haven for young families and students seeking connectivity and accessible amenities, including schools rated 'Good' or better. Each flat falls under Council Tax Band A, making it attractive for renters. Though the interiors could benefit from modernization, this is reflected in the asking price of £150,000, offering excellent rental potential for savvy investors. Act quickly to secure your stake in this promising property.
