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5 bed Flat For Sale £170,000
King John Street, Heaton, Newcastle Upon Tyne NE6


Description
**Investment Opportunity**Five Bedroom Maisonette** A two storey flat well located close to Heaton Road and Heaton Park, and will good access to Newcastle City Centre and Universities. Currently let to three occupants until Summer 2023, the property generates an annual rent of £13,035 and a gross yield of 7.6%. Scope exists to improve this yield by letting to four of five occupants. The property includes an Entrance Hall and Landing, a Living Room, a Kitchen, Five Bedrooms and Two Shower Rooms. The flat further benefits from double glazing, gas central heating, and a rear yard.

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