Property Details

4 bedroom maisonette for sale For Sale

Strathmore Crescent, Fenham, Newcastle upon Tyne, Tyne and Wear, North East, England, NE4 8UB, United Kingdom

£110,000

ROI = 12% BMV = 26.17%

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Description

Investment Opportunity: Tenanted Four-Bedroom Flat in Benwell, Newcastle Upon Tyne We are pleased to present this extremely well-presented four-bedroom flat located on Strathmore Crescent in the historic suburb of Benwell, Newcastle upon Tyne. This property is currently tenanted, generating a steady rental income of £800 per calendar month, making it an attractive investment opportunity. Property Features: Bedrooms: Four spacious bedrooms, each designed to provide comfort and ample living space. Living Areas: A welcoming lounge and a separate dining room, perfect for both relaxation and entertaining. Kitchen: Modern fitted kitchen equipped with contemporary appliances and ample storage. Bathrooms: A well-appointed shower room on the ground floor. Additional Space: A convenient store room accessible from the rear bedroom, offering extra storage solutions. Location Highlights: Situated in Benwell, a suburb rich in history dating back to Roman times, the property offers excellent access to local amenities and transport links. The area is known for its cultural heritage, with landmarks such as St. James' Church exemplifying Gothic Revival architecture. Residents can enjoy the blend of historic charm and modern conveniences, with nearby shops, schools, and recreational facilities. Investment Details: Tenancy: The property is currently tenanted, ensuring immediate rental income for the new owner. Rental Income: Achieving £800 per calendar month. Market Potential: Properties in this area are in demand, with similar listings receiving significant interest. This property represents a turnkey investment opportunity in a vibrant and historically rich area of Newcastle upon Tyne. For further details or to arrange a viewing, please contact our office. Council Tax Band: A Tenure: Leasehold

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