Property Details

2 bedroom flat for sale For Sale

Royal Mail, Benton Road, High Heaton, Newcastle upon Tyne, Tyne and Wear, North East, England, NE7 7ES, United Kingdom

£110,000

ROI = 11% BMV = 12.37%

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Description

TENURE – Leasehold (964 years remaining) Ground Rent and Service Charge - £0 COUNCIL TAX BAND – A EPC Rating - C (Potential - C)Potential Rental Income - £750pcm - Potential Gross Yield 8.18% paMove Places are pleased to be marketing this spacious ground floor flat conveniently situated on the A188 close to local amenities, and good transport links into the City Centre.The property briefly comprises of an entrance hall leading to the front reception room/diner, two double bedrooms, shower room with walk in shower and wash basin, separate W.C, and a kitchen with a side door leading onto a private rear garden. The property is in need of modernisation, however, offers good potential.Further benefits include driveway parking to front of flat, gas central heating and double glazing.NB. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information. EPC Rating: C

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