Underwood Road, Newcastle, ST5

Presenting an excellent investment opportunity, this well maintained two bedroom semi detached house is offered for sale exclusively to investors, as a pre let property investment with tenants in situ.

Currently generating an approximate annual income of £9,240, the property ensures immediate rental returns from the day of completion. The property has had a recently changed boiler and has also undergone electrical upgrades including a new consumer unit.

Situated within a popular residential estate, the house benefits from a practical layout that appeals to long term tenants, with neutral décor and well proportioned rooms throughout. The ground floor features a welcoming entrance hallway leading to a bright and spacious living room, ideal for relaxing or entertaining. The adjoining kitchen is fitted with a range of modern units and work surfaces, providing ample storage and preparation space, with room for appliances and casual dining. Upstairs, the property offers two generous double bedrooms, each with space for wardrobes and additional furnishings, alongside a contemporary family bathroom comprising a white suite with bath, overhead shower, basin and WC.

Additional features include efficient double glazing, gas central heating, and useful storage cupboards. The property is further enhanced by off road parking, ensuring convenience for tenants and visitors alike. With no upwards chain, this property represents a straightforward addition to any buy to let portfolio, allowing investors to benefit from a reliable income stream without delay. The location is particularly attractive for tenants, with local amenities, schools and public transport links all within easy reach, as well as excellent access to major road networks for commuting. The estate itself is well regarded and enjoys a friendly community atmosphere, contributing to the property’s ongoing tenant appeal and low void periods.

This is a rare opportunity to acquire a ready made investment with a proven track record of occupancy and income, making it ideal for both new and experienced landlords seeking to expand their portfolio. Early viewing is highly recommended to appreciate the quality and convenience of this investment property, as well as the attractive yield and long term potential it offers. For further information or to arrange a viewing, please contact our office and a member of our team will be delighted to assist with your enquiry.