Offers over
£50,000
2 bed flat for saleFairfield Place, Blaydon-On-Tyne NE21
2 beds
1 bath
EPC Rating: D
Just added
Leasehold
About this property
High-Yield Investment Opportunity
Estimated 12% Rental Yield
Vacant Possession – Ready to Let
Potential Rental Income of £650 pcm
Sought-After Residential Area
A fantastic investment opportunity located within a consistently strong rental area of Blaydon-on-Tyne. The property is currently vacant, offering investors the flexibility to secure tenants immediately and achieve an estimated rental income of £650 pcm.
Priced below market value due to seller motivation, the property presents excellent potential for strong returns and long-term capital growth.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Priced below market value due to seller motivation, the property presents excellent potential for strong returns and long-term capital growth.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Mortgage calculator
Monthly repayment
£250 per month
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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.
More information
Tenure
Leasehold (106 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review



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