£75,000
1 bed flat for saleFerndene Grove, Ryton NE40
1 bed
1 bath
1 reception
EPC Rating: D
Leasehold
About this property
Ground floor apartment
One bedroom
Fully refurbished throughout
New kitchen / bathroom
Gas central heating
Communal garden
Located in village centre
Long term tenant in situ
9.5% rental yield
**** attention investors **** This beautifully refurbished one-bedroom apartment located in the sought-after area of Old Ryton Village, nestled on the charming Ferndene Grove. This delightful property offers a perfect blend of modern living and village charm.
Upon entering, you will find a reception room that provides a warm and inviting atmosphere, perfect for relaxation or entertaining guests. The apartment features a bedroom, offering a peaceful retreat at the end of the day. The bathroom has been tastefully updated, ensuring both style and functionality.
One of the standout features of this property is its fully refurbished condition, there is a long term tenant in situ meaning you can buy your investment property and receive income immediately on completion with all compliance certificates in place,
Investment return 9%
Old Ryton Village is known for its picturesque surroundings and community spirit, providing a tranquil lifestyle while still being conveniently close to local amenities and transport links.
This apartment is a rare find in such a desirable area, and it is sure to attract considerable interest. Do not miss the chance to make this charming property your new investment.
Entrance Hallway
Entrance door to hallway, central heating radiator, inset spotlights and meter cupboard.
Lounge
Upvc windows to front and side aspects, central heating radiator, cupboard housing combi boiler.
Kitchen
New fitted kitchen with wall and base units with soft closing doors and draws, laminate work surfaces, integral oven, electric hob, stainless steel chimney extractor, stainless steel sink and drainer with mixer tap, plumbed for washing machine, Upvc window to side aspect and laminate upstands.
Bedroom
Upvc window to rear aspect and central heating radiator.
Shower Room
Walk in glazed shower cubicle with combi fed shower and waterfall head, WC and wash hand basin set into vanity unit, heated chrome towel rail, fully laminated walls and ceiling, click vinyl flooring, Upvc window to side aspect and extractor fan.
Gardens
Communal garden to rear and enclosed side garden. Internal brick storage cupboard.
Upon entering, you will find a reception room that provides a warm and inviting atmosphere, perfect for relaxation or entertaining guests. The apartment features a bedroom, offering a peaceful retreat at the end of the day. The bathroom has been tastefully updated, ensuring both style and functionality.
One of the standout features of this property is its fully refurbished condition, there is a long term tenant in situ meaning you can buy your investment property and receive income immediately on completion with all compliance certificates in place,
Investment return 9%
Old Ryton Village is known for its picturesque surroundings and community spirit, providing a tranquil lifestyle while still being conveniently close to local amenities and transport links.
This apartment is a rare find in such a desirable area, and it is sure to attract considerable interest. Do not miss the chance to make this charming property your new investment.
Entrance Hallway
Entrance door to hallway, central heating radiator, inset spotlights and meter cupboard.
Lounge
Upvc windows to front and side aspects, central heating radiator, cupboard housing combi boiler.
Kitchen
New fitted kitchen with wall and base units with soft closing doors and draws, laminate work surfaces, integral oven, electric hob, stainless steel chimney extractor, stainless steel sink and drainer with mixer tap, plumbed for washing machine, Upvc window to side aspect and laminate upstands.
Bedroom
Upvc window to rear aspect and central heating radiator.
Shower Room
Walk in glazed shower cubicle with combi fed shower and waterfall head, WC and wash hand basin set into vanity unit, heated chrome towel rail, fully laminated walls and ceiling, click vinyl flooring, Upvc window to side aspect and extractor fan.
Gardens
Communal garden to rear and enclosed side garden. Internal brick storage cupboard.
More information
Tenure
Leasehold (89 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
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