Offers in region of
£60,000
1 bed flat for saleBeaminster Way, Kingston Park, Newcastle Upon Tyne NE3
1 bed
1 bath
1 reception
EPC Rating: C
Leasehold
About this property
Investment Opportunity
10.6% Gross Yield
Studio Apartment
First Floor
**Studio Apartment**Investment Opportunity**10.6% Gross Yield** A purpose built first floor apartment well positioned within reach of A1 North/South road links, Newcastle International Airport, and local Kingston Park amenities. Currently let on a periodic tenancy, the flat generates a rent of £575 per calendar month. The property includes a Communal Entrance Hall and Landing, a 17ft Main Reception Room with a retractable three quarter bed, a stylish modern Kitchen, an Inner Lobby with built-in wardrobes and a Bathroom. The property further benefits from double glazing and electric heating.
Council Tax Band: A
Material Information: See Material Information Report
Council Tax Band: A
Material Information: See Material Information Report
More information
Tenure
Leasehold (138 years)
Service charge
Council tax band
A
Ground rent
£30
Ground rent date of next review