3 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Freehold
- 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
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.
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Broadband availability and predicted speed: obtained from Ofcom on February 1, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 1, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 14, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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