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Offers over

£68,000

(£82/sq. ft)

3 bed flat for sale
Moorside Court, Newcastle Upon Tyne NE5

    • 3 beds

    • 1 bath

    • 1 reception

    • 829 sq. ft

  • EPC Rating: D

  • Leasehold

Let Property

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About this property

  • Balcony

  • Buy-to-Let Opportunity

  • Tenants currently situated

  • Likely to attract enquiries from Serious Investors & Developers

  • Well kept flat

  • Three Piece bathroom

  • On-street parking

  • Investment potential detailed below (Let Property Pack)

Our latest listing is a 3-bedroom flat located in Newcastle Upon Tyne. It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-maintained flat features three bedrooms, a three-piece bathroom, a lounge, and a kitchen. Additional benefits include a private balcony and convenient on-street parking

Investment details

It currently produces an annual gross income of £9,000, which the new owner could increase to a market rate of £9,552 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for less than one year and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's 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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More information

  • Tenure

    Leasehold (110 years)

  • Service charge

    £1,800 per year

  • Council tax band

    A

  • Ground rent

    £120

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - Let Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Let Property for full details and further information.