£208,000
(£125.00/sq. ft)
Light industrial for saleBassington Lane, Cramlington NE23
From 1,000 - 1,846 sq. ft
Just added
About this property
Freehold tenanted investment 8.5% yield
Rental income of £17,680 per annum
Passive investment
The property comprises a brick-built unit beneath a profiled sheet roof, featuring both a roller shutter loading door and a separate pedestrian entrance for ease of access. The accommodation extends to approximately 2,173 sq ft in total, including newly refurbished first-floor office space fitted with wood-effect laminate flooring. Separate male and female WC facilities are provided at ground floor level.
Location
Cramlington is a well-established and growing town in South East Northumberland, situated approximately 9 miles north of Newcastle upon Tyne. Historically developed on former coal-mining land, the town has transformed into a successful and diverse hub combining residential neighbourhoods, established industrial estates, retail amenities, and extensive green space.
Location
Cramlington is a well-established and growing town in South East Northumberland, situated approximately 9 miles north of Newcastle upon Tyne. Historically developed on former coal-mining land, the town has transformed into a successful and diverse hub combining residential neighbourhoods, established industrial estates, retail amenities, and extensive green space.
Mortgage calculator
Monthly repayment
£1,040 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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