Offers over
£320,000
8 bed terraced house for salePhillipson Street, Walker, Newcastle Upon Tyne NE6
8 beds
5 baths
5 receptions
Freehold
About this property
Five Flats Available
Rental Annual Income £32000.00PA
Fantastic Investment Opportunity
Tenants in Situ
Modern Throughout
Viewings Essential
Attention Investors – Opportunity Knocks!
Welcome to Phillipson Street, Walker, NE6 – a superb investment opportunity ideal for expanding your portfolio or stepping into the property investment market. This modern, fully refurbished property boasts an impressive 10% rental yield and offers strong potential for future growth.
Transformed by the current owner from a single dwelling into five high-quality flats, the property comprises:
It’s worth noting that the current rental values are below market rate, offering scope to increase rental yields further over time.
This is a turn-key investment with strong fundamentals and room for growth. Viewings are highly recommended to fully appreciate the quality of the renovation and the income potential on offer.
Tenure: One freehold title
Council Tax: Each flat is council tax band A: £1,607.73
EPC Rating: Tbc
Material Information: Built of standard construction.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
Welcome to Phillipson Street, Walker, NE6 – a superb investment opportunity ideal for expanding your portfolio or stepping into the property investment market. This modern, fully refurbished property boasts an impressive 10% rental yield and offers strong potential for future growth.
Transformed by the current owner from a single dwelling into five high-quality flats, the property comprises:
- 3 x Two-Bedroom Apartments (currently let at £600pcm each)
- 2 x One-Bedroom Apartments (currently let at £400pcm each)
It’s worth noting that the current rental values are below market rate, offering scope to increase rental yields further over time.
This is a turn-key investment with strong fundamentals and room for growth. Viewings are highly recommended to fully appreciate the quality of the renovation and the income potential on offer.
Tenure: One freehold title
Council Tax: Each flat is council tax band A: £1,607.73
EPC Rating: Tbc
Material Information: Built of standard construction.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
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