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Leasehold

Offers over

£100,000

(£163/sq. ft)

2 bed flat for sale

Ashfield Mews, Wallsend NE28
2 beds
1 bath
1 reception
614 sq. ft
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Offers over

£100,000

(£163/sq. ft)

2 bed flat for sale
Ashfield Mews, Wallsend NE28

    • 2 beds

    • 1 bath

    • 1 reception

    • 614 sq. ft

  • EPC Rating: C

Leasehold

About this property

  • Private Driveway Parking

  • Private Front and Rear Gardens

  • Buy-to-Let Opportunity

  • Tenants currently situated

  • Likely to attract enquiries from Serious Investors & Developers

  • Investment potential detailed below (Let Property Pack)

Our latest listing is a 2-bedroom Flat located in Wallsend. It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This property offers two bedrooms, a spacious lounge, a three-piece bathroom, and a kitchen. Additional highlights include private driveway parking, as well as private front and rear gardens.

Investment details

It currently produces an annual gross income of £9,000, with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have been residing in the property for several years and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy.

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.

More information

  • Tenure

    Leasehold (99 years)

  • Service charge

    £1,680 per year

  • Council tax band

    A

  • Ground rent

    £150

  • Ground rent date of next review

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