Offers over
£58,000
Block of flats for saleTees Street, Newcastle Upon Tyne NE17
- Freehold
Let Property
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About this property
Multi-Unit Property
Buy-to-Let Opportunity
Block of 2 Residential 1 Bedroom Flat
Lounge and Kitchen
Likely to attract enquiries from Serious Investors & Developers.
Investment potential detailed below (Let Property Pack)
A Block of 2 Residential 1 Bedroom Flats each located in Chopwell with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.
For investors looking for a rewarding investment, this is a brilliant opportunity!
The properties feature lounges, modern kitchen, a bathroom, and fantastic local transport links throughout.
Investment details
The properties currently produce an annual gross income of £5,040 which could be increased by the new owner to a market rate of £7,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
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