ROI = 8% BMV = 5.7%
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Description
A spacious upper ‘Tyneside’ flat situated within the West Jesmond area, close to local amenities on Brentwood Avenue. The property is currently tenanted until 8.9.26 and is achieving an annual income of £18,732 currently, increasing to £19,446 from 11.9.25 - 8.9.26. The accommodation comprises of entrance lobby, entrance hallway, staircase to floor, lounge, modern fitted kitchen, three bedrooms, shower room / w.c. Externally there is a shared rear yard. PRIMARY SERVICES SUPPLY Electricity: MAINS Water: MAINS Sewerage: MAINS Heating: GAS CENTRAL HEATING Broadband: FIBRE Mobile Signal Coverage Blackspot: NO Parking: ON STREET PARKINGMINING: The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Find out MoreProperty Details
- Property ID: 156733832
- Added On: 2025-01-10
- Deal Type: For Sale
- Property Price: £260,000
- Bedrooms: 3
- Bathrooms: 1.00
Amenities
- Investment opportunity - tenanted until 8.9.26
- Three bedroom upper flat
- Annual income of £18
- 732 increasing to £19,446
- Shared rear yard
- Peppercorn Leasehold - 999 years from 1 October 1984
- EPC rating C
- Council tax band B
