Offers over
£110,000
2 bed flat for saleChillingham Road, Heaton, Newcastle Upon Tyne, Tyne & Wear NE6
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Pat Robson
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About this property
Upper Ground Floor Apartment
Two Bedrooms
Gated Car Port
Let investment Opportunity
**Investment Opportunity**Two Bedroom Apartment** A purpose built upper ground floor apartment, well located close to Chillingham Road Metro, and all Heaton amenities. Let until September 2025, the flat generates an annual rental income of £9,600 and a gross yield (before service charge) of 8.7%. The property includes a Communal Entrance, a Private Entrance Hall, a Living Room / Dining Room, a Kitchen, Two Bedrooms and a Bathroom. The apartment further benefits from double glazing, gas central heating, and a gated car port. Council tax band A.
Material Information: See Material Information Report.
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More information
Tenure
Leasehold (104 years)
Service charge
£1,887 per year
Council tax band
A
Ground rent
£125
Ground rent date of next review