Key features

• Long Term Tenant Currently Situated
• Buy-to-Let Opportunity
• 3 Bedrooms
• Three Piece Bathroom
• Lounge and Fitted Kitchen
• Garden Space
• Current Rent: £600
• Potential Rent: £650

Description

An exceptional opportunity to acquire a stunning three bedroom semi-detached property situated on Birtley.

Key Investment Highlights:

High Rental Demand: Birtley has a strong sense of community with various local events and activities, contributing to a desirable living environment. Being close to Newcastle and Gateshead provides access to a wider job market and entertainment options.

Prime Location: Birtley has good access to major roads, including the A1(M), which connects to Newcastle, Gateshead, and other areas. Public transport options, including buses and nearby train stations, enhance accessibility. The area offers a range of shops, schools, parks, and recreational facilities, making it attractive for families and young professionals.

Long-Term Growth: As an area benefiting from regeneration and ongoing development, Birtley continues to see rising property values and rental income potential.

Property Overview:

This is an exceptional property that features 3 bedrooms, lounge, three piece bathroom, fitted kitchen and garden space.

Rental Potential:

Properties in Birtley consistently achieve strong rental returns, with demand often exceeding supply. Based on current market conditions, this three-bedroom semi-detached house has a long term tenant of 15 years and currently generating £600 monthly and has the potential to generate an estimated rental income of £650 per month, delivering a healthy gross rental yield. With the added advantage of long-term capital growth, this property is a solid investment choice.

Future Growth and Appreciation:

As of 2024, Birtley has seen various regeneration and development initiatives aimed at enhancing the local community and infrastructure. Upgrades to local roads and public transport services have been implemented to improve connectivity and accessibility to nearby cities like Newcastle and Gateshead.

Additional Information:

Tenure: Freehold

This is a rare opportunity to acquire a property in one of Birtley’s fastest-growing rental markets. Whether you’re an experienced investor looking to expand your portfolio or a first-time buyer searching for a long-term growth opportunity, this apartment in Dorset Ave. is not to be missed. Contact us today to arrange a viewing or discuss investment details.