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This property was removed from Dealsourcr.

5 Bed Terraced House, Single Let, Newcastle upon Tyne, NE6 5YN £325,000

Sixth Avenue, Newcastle Upon Tyne, NE6 5YN - 3 views - a year ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE6
  4. NE6 5YN
BTL
~178 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £325,000

November 7, 2024

Description

  • Pair of flats - currently tenanted achieving a combined income of £22,740pa +
  • Freehold +
  • Central Heaton location +
  • EPC rating C +
  • Council tax band A +
  • Two bedroom lower flat & Three bedroom upper +
  • Shared rear yard +
  • Current income offers 7% yield +

Presenting an excellent opportunity for investors, this mid terraced pair of flats, situated on a pedestrianised street in Heaton. The properties are both subject to a tenancy making it an ideal proposition for those looking to expand their portfolio.Internally, the properties are neutrally decorated, offering a clean and contemporary canvas ready for personalisation. The ground floor flat accommodates two deouble bedrooms, open plan lounge/kitchen and a modern bathroom. The upper flat benefits from 3 double bedrooms, modern bathroom and open plan lounge/kitchen. There is also a shared yard to the rear.The properties are energy efficient with an EPC rating of 'C', which means they have a relatively low environmental impact and can result in reduced energy bills. Adding to the appeal, the residences fall within the council tax band 'A', making  an affordable choice for potential renters or owners. The location is another significant advantage. Positioned conveniently close to public transport links, local amenities, and nearby parks, residents will enjoy easy access to essential facilities and recreational spaces. Tailored towards the savvy investor, this offers both an outstanding location and well-appointed interiors. Its unique setup as a pair of flats offers a unique opportunity for a strong return on investment.

PRIMARY SERVICES SUPPLY
Electricity: MAINS
Water: MAINS
Sewerage: MAINS
Heating: GAS CENTRAL HEATING
Broadband: FIBRE
Mobile Signal Coverage Blackspot: NO
Parking: ON STREET PARKING
MINING: The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.

Agent Details

Rook Matthews Sayer, Jesmond

0191 625 0131

Next Steps?

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

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