2 Bed Apartment With High Yield

Location: Newcastle-upon-Tyne

Price: £78,950

Discount: Included

Are you looking for a straightforward BTL property that offers a good return? If so, this 2-bed ground floor apartment is a great option. It’s tenanted at £550 pcm meaning that you’ll generate a passive income from day one.

The best part? You’d need to put down less than £20k of your own money for 25% deposit.

We source these opportunities due to the cash flow available. We estimate that you’ll be securing a NET income of around £270 pcm after finance, management, and service fees.

The property is on a modern housing development built circa 2006. There are communal gardens and allocated parking spaces. Wallsend is a popular suburb of Newcastle with a solid rental demand. There’s access into the city centre via the metro in around 30 mins door to door.

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NE Kitchen

NE Living

NE1

Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.

Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.