ROI = 12% BMV = 46.05%
Gallery
Description
Everbest Properties are pleased to present this outstanding investment opportunity, ideally positioned near the RVI Hospital and Medical School, making it highly desirable to students, healthcare professionals, and academics. Its prime location also places it within walking distance of Newcastle's prestigious universities, Eldon Square Shopping Centre, and Newcastle Central Station, offering exceptional convenience and connectivity.<span style="font-size:0.875rem;letter-spacing:0.01em">With a tenant in place until October 2025, the property delivers an impressive gross rental yield of 7.7%, making it an excellent choice for investors seeking a high-performing opportunity.</span><span style="font-size:0.875rem;letter-spacing:0.01em">Situated on the ground floor, the apartment boasts a thoughtfully designed interior featuring two generously proportioned double bedrooms, a bright and contemporary open-plan lounge and kitchen, a modern shower room, and ample storage throughout.</span><span style="font-size:0.875rem;letter-spacing:0.01em">Externally, the property benefits from an allocated parking space, adding to its appeal. </span><span style="font-size:0.875rem;letter-spacing:0.01em"> </span><span style="font-size:0.875rem;letter-spacing:0.01em">Leasehold - 189 years remaining</span>Service Charge - £<span style="font-size:0.875rem;letter-spacing:0.01em">1,045pa</span><span style="font-size:0.875rem;letter-spacing:0.01em">Ground Rent - £50pa </span>
Find out MoreProperty Details
- Property ID: 155626028
- Added On: 2024-12-04
- Deal Type: For Sale
- Property Price: £140,000
- Bedrooms: 2
- Bathrooms: 1.00
Amenities
- Investment Opportunity
- Ground Floor Apartment
- Two Double Bedrooms
- Tenanted Until Oct 2025
- £10,800pa Rental Income
- Large Open Plan Lounge & Kitchen
- Close To RVI Hospital
- Allocated Parking Space
- Council Tax B
- EPC Rating TBC
