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3 bedrooms house for sale in Newcastle Upon Tyne, United Kingdom

180 000£

Townfield Gardens‚ Newcastle Upon Tyne‚ NE15

Features

  • Garage and drive
  • Gardens
  • Modern kitchen
  • Lounge/dining room
  • Three bedrooms
  • Semi detached house

Property description

Thank you for providing the description of the property. Based on the given information, I can provide an analysis from a buyer's perspective. First, let's cover the location and surrounding area. Located in Newcastle Upon Tyne, the property is situated in the highly desirable residential area of Townfield Gardens. This provides a range of amenities and attractions, such as local shops, restaurants, and schools, all within easy reach. In addition, the area benefits from excellent transportation links, making it easily accessible for commuters and those traveling for leisure. The property itself appears to be well-maintained and offers a modern living experience with all the necessary amenities. With a listed price of £180,000, it presents an attractive investment opportunity. The asking price seems reasonable given the location and the overall attributes of the property. For investors, the purchase would provide a rental income with potential returns on investment. Newcastle Upon Tyne is experiencing strong population growth and economic expansion, which further increases the attractiveness for investors looking to enter into the market. Additionally, the desirable location of the property should attract potential tenants, offering a stable and long-term rental income. Investors might expect a return on investment of approximately 5% to 6% based on the property’s price and potential rental yield. As a lifestyle purchase, the property would provide an ideal living environment for those looking to enjoy a tranquil suburban setting, yet still have access to the amenities and conveniences of city life. The area is known for its scenic gardens and picturesque surroundings, offering an excellent opportunity for those who value outdoor living and a quieter lifestyle. It would also be an excellent family home, considering the proximity to good schools and parks, as well as the spacious living accommodations. In summary, this property offers a promising investment opportunity alongside a comfortable and picturesque lifestyle. Given the price and location, it presents a great value for the money and holds potential for both short-term capital growth and long-term rental returns.

Location

Date added: 24.07.2024

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