4 bed Flat For Sale £140,000
- Investors or Home Buyers
- Tenanted on Periodic Agreement*
- 16,620pa Rent Income**
- 11.87% Gross Yield
- Upper Maisonette
- Four Bedrooms
- Spacious Lounge
- Gas Central Heating
- Shared Rear Yard
- EPC Rating D
An upper maisonette with four double bedrooms available with no onward chain. Currently tenanted on periodic tenancy agreements with an annualised rental income of £16,620 (inclusive of bills) representing a gross yield of 11.87%.
An upper maisonette briefly comprising of a lounge, kitchen, four double bedrooms and a shower room. A private front entrance door leads into the entrance hall with stairs leading to the first floor. The lounge is located at the front of the property and features a bay window, laminate and neutral colour scheme. From the lounge the kitchen is accessed which benefits from a range of wall and base units, integrated gas hob/electric oven and tiled flooring. A door from the kitchen leads to the shared rear yard. Alongside the lounge is the shower room with cubicle, wash hand basin and WC. Both bedrooms on this floor are doubles. Stairs from the first floor landing lead to the accommodation in the attic which comprises of two further double bedrooms. Other benefits include gas central heating and uPVC double glazing, Externally there is a shared yard and on street parking.
Simonside Terrace is located within walking distance to heaton road and chillingham road which offer local shops, bars and restaurants, as well as chillingham road primary school and heaton park. Public transport is easily accessible with bus services and metro routes to Newcastle City Centre.
Agents Note
*Vacant possession available on eight weeks notice. Currently three out of four rooms let.
**£70-£80 per person per month is allocated towards utility bills.
Property details currently awaiting client approval.
The bills include: Gas, elec, water, tv license, council tax, virgin media and a cleaner.
The vendor can provide a detailed breakdown showing how much has been spent on utility bills over the last 5-10 years for each property, if requested.
An upper maisonette briefly comprising of a lounge, kitchen, four double bedrooms and a shower room. A private front entrance door leads into the entrance hall with stairs leading to the first floor. The lounge is located at the front of the property and features a bay window, laminate and neutral colour scheme. From the lounge the kitchen is accessed which benefits from a range of wall and base units, integrated gas hob/electric oven and tiled flooring. A door from the kitchen leads to the shared rear yard. Alongside the lounge is the shower room with cubicle, wash hand basin and WC. Both bedrooms on this floor are doubles. Stairs from the first floor landing lead to the accommodation in the attic which comprises of two further double bedrooms. Other benefits include gas central heating and uPVC double glazing, Externally there is a shared yard and on street parking.
Simonside Terrace is located within walking distance to heaton road and chillingham road which offer local shops, bars and restaurants, as well as chillingham road primary school and heaton park. Public transport is easily accessible with bus services and metro routes to Newcastle City Centre.
Agents Note
*Vacant possession available on eight weeks notice. Currently three out of four rooms let.
**£70-£80 per person per month is allocated towards utility bills.
Property details currently awaiting client approval.
The bills include: Gas, elec, water, tv license, council tax, virgin media and a cleaner.
The vendor can provide a detailed breakdown showing how much has been spent on utility bills over the last 5-10 years for each property, if requested.
