Description
AVAILABLE TO CASH BUYERS ONLY DUE TO SHORT LEASE!
This fabulous studio flat is located on the ground floor within a communal block of four, tucked away neatly in the corner of this quiet estate.
Perfect property for those wanting a compact simple living space within ease of walking distance to local shops, amenities and schools. This ideal property is also within a few minutes walk to local bus routes into Newcastle City Centre.
Currently tenanted at £375.00 per month with a yield of over 11%
Ideally the tenant would like to remain and comes with glowing references. An investor will inherit a superb tenant having previously been installed and currently managed by Wilson Defraine Lettings.
Council Tax Band: A (Newcastle City Council)
Tenure: Leasehold (42 years)
Ground Rent: £50 per year
Service Charge: £65 per month
Awaiting info