1 bed Flat For Sale £42,000
Well presented one bedroom first floor flat.
The property has regularly been achieving rent of £400 pcm so offers the potential for a gross yield of 11.4%.
Modern benefits include double glazed windows and gas central heating to radiators.
The property offers well proportioned accommodation comprising: Communal entrance hall, reception hall, lounge, kitchen, bedroom and bathroom.
Newbiggin Hall and the surrounding areas provides an excellent range of local services including schools, shops, library, swimming pool and other leisure facilities, all of which are just a short walk away. There are regular bus routes into Newcastle city centre as well as the Metro centre and Freeman Hospital. The A69 and A1 are both close at hand ensuring convenient transport links. The airport is also within easy reach.
We understand the property is leasehold with 107 years remaining and a ground rent and service charge of £170 per annum.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
QWD220668/8
The property has regularly been achieving rent of £400 pcm so offers the potential for a gross yield of 11.4%.
Modern benefits include double glazed windows and gas central heating to radiators.
The property offers well proportioned accommodation comprising: Communal entrance hall, reception hall, lounge, kitchen, bedroom and bathroom.
Newbiggin Hall and the surrounding areas provides an excellent range of local services including schools, shops, library, swimming pool and other leisure facilities, all of which are just a short walk away. There are regular bus routes into Newcastle city centre as well as the Metro centre and Freeman Hospital. The A69 and A1 are both close at hand ensuring convenient transport links. The airport is also within easy reach.
We understand the property is leasehold with 107 years remaining and a ground rent and service charge of £170 per annum.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
QWD220668/8
