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£329,500

Falmouth Road, Newcastle Upon Tyne, NE6

  • 4 beds
Terraced house

£329,500

  • 4 beds
Terraced house
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Estimate monthly mortgage payment:

£1,504 per month

Minimum deposit amount:

£16,475
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Introducing a fantastic investment opportunity, this beautiful three storey Terraced home is up for grabs. This property boasts a very spacious and luxurious living space, comprising of four bedrooms, one bathroom and a gorgeous living room. With a current rental income of ?1300pcm and achievable ?1474 ? ?1560pcm based off of the current market statistics, this property promises and lucrative return on investment.
This property is located in Heaton which is a vibrant neighbourhood for both students, Full-time professional and even families. You have access to a big variety of convenience and grocery stores, takeaways, restaurants and leisure?s within a short walking distance. The area is well connected with excellent transport links, making it ideal for both professional and students looking to move around or to Newcastle.
Currently the property is tenanted, with a secure tenancy agreement in place until 31st August 2024. This provides a stable and reliable income stream for the discerning investor/buyer. The tenants have looked after the property throughout their tenancy.
There is a fifth bedroom located on the top floor, there would need to be a few jobs completed in order to license it as a five bedroom property. It is definitely worth carrying out these jobs to maximise your rental income.
Whether you are a seasoned investor looking to expand your portfolio or a first time buyer seeking a promising investment opportunity, this property is not to be missed.
Don?t miss out on our exceptional investment opportunity! Contact us today and secure your future on the property market.


Hallway
Entrance hall with tiled floor and stairs to first floor.
Reception 1
Large and modern living room. Front of house. Fully furnished to a high standard.
Kitchen
Large and new fully fitted kitchen. All the mod cons Inc. dishwasher. great space.
Bedroom 1
Extremely large and well furnished bedroom at the front of the house (1st floor) . Laminate flooring and modern decor. Includes a beautiful fireplace.
Bedroom 2
Good sized bedroom with double bed and modern decor and furnishings.
Bedroom 3
Large attic room with high ceilings. Double bed and furnished to a high standard.
Bedroom 4
Good sized attic room with double bed. High ceilings and furnished to a high standard.
Bathroom
Large bathroom with luxury corner bath and separate shower cubicle.
Parking
On street parking or space in rear yard for 1 car.
Central Heating
Gas central heating throughout.

The Legal Bit: These details do not constitute any part of any offer or contract. Tyne & Wear Property Services that own and operate Pro-Lets & Stud-Lets Letting Agents, for themselves and for the lessors of this or any property, whose agents they are, do not have any authority to give any warranty or representation whatsoever in respect of this property. In particular no statement in these details is to be relied upon as a representation of fact and the prospective tenant(s) should satisfy themselves by inspection or otherwise as to their accuracy.

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£1,504 per month
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Mortgage and legal costs:
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