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Freehold

Offers over

£58,000

Block of flats for sale

Tees Street, Newcastle Upon Tyne NE17
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Offers over

£58,000

Block of flats for sale
Tees Street, Newcastle Upon Tyne NE17

  • EPC Rating: D

Freehold
Reduced on 18/10/2024

About this property

  • Multi-Unit Property

  • Buy-to-Let Opportunity

  • Block of 2 Residential 1 Bedroom Flat

  • Lounge and Kitchen

  • Likely to attract enquiries from Serious Investors & Developers.

  • Investment potential detailed below (Let Property Pack)

A Block of 2 Residential 1 Bedroom Flats each located in Chopwell with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The properties feature lounges, modern kitchen, a bathroom, and fantastic local transport links throughout.

Investment details

The properties currently produce an annual gross income of £5,040 which could be increased by the new owner to a market rate of £7,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

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