2 Bed Flat, Potential PLO/LOA, Wallsend, NE28 6PH, £49,995

Myrtle Grove, Wallsend, NE28 6PH - 2 views - 6 months ago

Under Offer
Leasehold
Negative Equity
ROI: 11%
~68 m²
+2 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £49,995

-28%

October 9, 2024

Sold for £64,000

2011

Description

  • Investment opportunity +
  • Tenanted property +
  • £400pcm rental income +
  • Leasehold: 969 years remaining +
  • EPC rating: C +
  • Council Tax Band A +
  • Ground floor flat +
  • 2 bedrooms +
  • UPVC double glazing +
  • Gas central heating +

Entrance hallway
UPVC double glazed front door, carpeted entrance hallway, with double radiator and storage cupboard. Lounge
carpeted room with UPVC double glazed window to the rear and double radiator. Kitchen
Base and wall kitchen units with space for cooker and washing appliance(Space for large fridge freezer in rear passage area). Baxi combi boiler situated in kitchen. Bathroom
White bathroom suite, including basin, toilet, bath and over bath shower with white splash back tiling. Black tiled flooring, single radiator and UPVC double glazed window to the rear. Bedroom 1
Large carpeted master bedroom with large UPVC double glazed bay window to the front and double radiator. Bedroom 2
Carpeted second bedroom with UPVC double glazed window to the rear and double radiator. Rear Yard
Shared enclosed rear yard with rear lane access.

Agent Details

Armstrongs Sales & Lettings, Whitley Bay

0191 743 1882

Next Steps?

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