2 Bed Flat, Single Let, Gateshead, NE10 8QX, £49,950

7 Lecondale Court, Gateshead, Tyne And Wear, NE10 8QX - 7 views - 9 months ago

Leasehold
BTL
ROI: 25%
~68 m²
+3 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £49,950

June 10, 2024

Sold for £50,000

2016

Sold for £57,500

2012

Sold for £58,000

2004

Description

  • Situated On The Ground Floor +
  • White Family Bathroom +
  • No Onward Chain +
  • Currently Tenanted +
  • 7%+ Investment Yield +
  • Gas Central Heating Via Combi Boiler +
  • Excellent Opportunity For First Time Buyers +
  • EPC Rating - D +
  • Viewings Highly Recommended +
  • External Garden Space +

We are pleased to welcome to the market this currently tenanted ground floor flat which should appeal to buy to let investors...

Bell Estate Agents are pleased to welcome to the market this well cared for ground floor flat. The internal accommodation briefly comprises of a secure communal entrance leading to the properties inner lobby, leading on from this is a good size lounge/dining room which also provides access to the garden. Completing the layout are two well proportioned bedrooms, a three piece family bathroom and fitted kitchen with integrated oven/hob.

The properties yield is currently in excess of 7% making this a good rental investment for and landlords. Contact the branch for any further information. (Rental yields are subject to change and circumstances.)

Leam Lane Estate was built in the 1950s. Originally made up predominantly of council-built accommodation. Its main shopping area, Fewster Square comprises of convenience stores, a DIY shop, library, community centre, Post Office and medical centre. As well as a range of local pubs/takeaways. There is also The Oliver Henderson Park which includes a play area, a lake, a skateboard park and a bowling green.The estate has four primary schools: Roman Road, Colegate, Saint Augustine's and Lingey House. It has one Secondary School, situated on the border of Leam Lane and Heworth and is named Heworth Grange Comprehensive School.

Agent Details

Bell Estate Agents, Gateshead

0191 625 0825

Next Steps?

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

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