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2 Bed Flat, Potential PLO/LOA, Newcastle upon Tyne, NE6 5BJ £110,000

Chillingham Road, Heaton, Newcastle Upon Tyne, Tyne & Wear, NE6 5BJ - 2 years ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE6
  4. NE6 5BJ
Sold STC
Leasehold
Negative Equity
ROI: 3%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE6
  • More Negative Equity Deals
  • More Negative Equity Deals in Newcastle Upon Tyne
  • More Negative Equity Deals in NE6

Property History

Listed for £110,000

-27%

September 22, 2023

Sold for £139,450

2006

Floor Plans

Description

  • Upper Ground Floor Apartment +
  • Two Bedrooms +
  • Gated Car Port +
  • Let investment Opportunity +

Two Bedroom Apartment A purpose built upper ground floor apartment, well located close to Chillingham Road Metro, and all Heaton amenities. The flat generates an annual rental income of £9,600 and a gross yield (before service charge) of 8.7%. The property includes a Communal Entrance, a Private Entrance Hall, a Living Room / Dining Room, a Kitchen, Two Bedrooms and a Bathroom. The apartment further benefits from double glazing, gas central heating, and a gated car port. Council tax band A.
Material Information: See Material Information Report.

Agent Details

Pat Robson, Jesmond

0191 625 0204

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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