Offers in region of
£40,000
2 bed flat for saleColumbia Grange, Kenton, Newcastle Upon Tyne NE3
2 beds
1 bath
1 reception
- Leasehold
Propertunity North East Ltd
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About this property
Investment Opportunity located in the heart of Columbia Grange, Kenton, Newcastle Upon Tyne.
Situated close to the vibrant Newcastle city centre, this property offers the ideal balance between city living and suburban tranquillity. With its prime location, you'll have easy access to all the amenities, entertainment, and cultural experiences that Newcastle has to offer.
Although this flat requires a full refurbishment estimated at £17,500 VAT, the potential it holds is truly remarkable. Once done up, the value of this property is estimated to reach £65,000, presenting a fantastic opportunity for a lucrative return on investment. Additionally, the potential rental income of £600 per calendar month makes this property an attractive option for those considering buy-to-let investments.
Don't miss out on the chance to transform this property into a stylish and modern living space that reflects your unique taste and preferences. Embrace the opportunity to create a cosy retreat in a sought-after location that offers both convenience and comfort. Contact us today to discover the endless possibilities that this property holds for you.
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More information
Tenure
Leasehold (91 years)
Service charge
£565 per year
Council tax band
Ground rent
Ground rent date of next review