£65,000
2 bed flat for saleDenwick Avenue, Lemington NE15
2 beds
1 bath
1 reception
EPC Rating: D
Chain free
About this property
Modern Fitted Kitchen And Bathroom
Tenanted Investment
Two bedrooms
Well Presented
12% Yield
Description
A great investment opportunity in Lemington with a tenant already in place and keen to remain, providing instant rental income from day one.
This two-bedroom ground floor Tyneside flat is offered in good condition and currently generates £7,800 per year, delivering a strong 12% yield. Ideally located close to Asda and a range of local shops, transport links and amenities, it's a highly rentable spot popular with long-term tenants.
The property is available with no onward chain.
Ideal ready-made buy-to-let investment.
Council Tax Band: A (Newcastle Council )
Tenure: Leasehold
Living Room (4.30m x 4.07m)
Double glazed window, radiator, electric feature fire with surround, TV point, radiator
Kitchen (1.88m x 3.22m)
Fitted with a range of floor and wall units with contrasting worktops, stainless steel sink with mixer tap, gas combi boiler, tiled flooring, plumbed for automatic washing machine, space for free standing washing machine
Bedroom 1 (2.52m x 4.50m)
Double glazed window, radiator, TV
Bedroom 2 (4.41m x 1.85m)
Double glazed window, radiator
Bathroom
Fitted bath with separate shower cubicle, radiator, WC
A great investment opportunity in Lemington with a tenant already in place and keen to remain, providing instant rental income from day one.
This two-bedroom ground floor Tyneside flat is offered in good condition and currently generates £7,800 per year, delivering a strong 12% yield. Ideally located close to Asda and a range of local shops, transport links and amenities, it's a highly rentable spot popular with long-term tenants.
The property is available with no onward chain.
Ideal ready-made buy-to-let investment.
Council Tax Band: A (Newcastle Council )
Tenure: Leasehold
Living Room (4.30m x 4.07m)
Double glazed window, radiator, electric feature fire with surround, TV point, radiator
Kitchen (1.88m x 3.22m)
Fitted with a range of floor and wall units with contrasting worktops, stainless steel sink with mixer tap, gas combi boiler, tiled flooring, plumbed for automatic washing machine, space for free standing washing machine
Bedroom 1 (2.52m x 4.50m)
Double glazed window, radiator, TV
Bedroom 2 (4.41m x 1.85m)
Double glazed window, radiator
Bathroom
Fitted bath with separate shower cubicle, radiator, WC
Mortgage calculator
Monthly repayment
£325 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}