2 Bed Terraced House For Sale Windmill Court, Newcastle Upon Tyne, NE2

£159,950- Terraced

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Last Updated: 4th May 2024

Description

Excellent Buy-to-Let Opportunity - Property Managed by Bowson - Freehold - Tenanted Until September 2025.

This attractive two-bedroom terraced house, which is managed by Bowson, presents an ideal investment opportunity.

Currently, the property is tenanted, achieving a rental income of £827.24 per month.

The existing tenant has already signed a renewal agreement starting from September 2024 for 12 months, with a rent increase to £875.00 per month, providing a solid yield return of 6.56%.

Situated in Windmill Court, Spital Tongues, the property is conveniently located within walking distance to both universities and the city centre, offering easy access to an abundance of amenities which makes this a perfect rental for students and professionals working/studying in the close vicinity.

The interior features a good-sized living area, a well-presented kitchen with integrated appliances, two bedrooms, and a bathroom with a shower over the bath.

Externally, the property benefits from a private rear garden with permit parking availability.

Don't miss out on this promising buy-to-let investment. Contact us for more details and to arrange a viewing.

EPC D

Council Tax D
Agent Details
Bowson Estates
117, St. Georges Terrace, Newcastle Upon Tyne, NE2 2DN
Show Contact Number
0191 212 8100

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested