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2 Bed Flat, Single Let, Newcastle upon Tyne, NE5 3UB £60,000

Gorse Hill Way, Newcastle upon Tyne, NE5 3UB - 8 months ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE5
  4. NE5 3UB
Sold STC
Leasehold
BTL
ROI: 15%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £60,000

April 17, 2025

Description

  • First Floor Flat +
  • Spacious Throughout +
  • Well Presented +
  • Tenanted Investment +
  • No Chain +
  • Viewings Recommended +

Discover an excellent investment opportunity on Gorse Hill Way, featuring a sitting tenant currently paying £550.00pcm. This well-presented property is deceptively spacious throughout. The property features a generous open-plan living room and kitchen, complete with included white goods. It boasts two well-proportioned double bedrooms and a family bathroom equipped with a three-piece suite and a shower over the bath. Additional benefitting from gas central heating and is double glazed throughout. For more information or to arrange a viewing please contact our friendly West Road office. Tenure: Leasehold- 125 year lease from 18th May 2015 Expires: 18/5/2140. Ground Rent £10pa Service Charges: £70 per annum Council Tax Band A - £1,607.73 Located in the west of Newcastle upon Tyne, the surrounding areas benefit from a range of local amenities, Kingston Park shopping centre is approximately one mile away where you will find, Tesco Superstore, Matalan, Home Bargains, Costa Coffee, Mcdonalds, Domino's Pizza, B&M Bargains, M&S, Boots, Next and Aldi supermarket, situated on Cragston Avenue you have Leisure united, a new fitness centre and many more essential amenities and within the vicinity such as a doctors surgery and pharmacy. Nearby schools include Hilton Primary Academy and St Marks RC Primary school and Kenton Secondary school. Bus services link to Kingston Park, Kenton and Newcastle City Centre and the surrounding areas; the A1 offers road links North and South to Gateshead, the Metro Centre and beyond. Newcastle International airport is just under 4 miles away. We endeavor to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: D. Tenure: Leasehold, Length of lease (remaining): 115 years 0 months,

Agent Details

Northwood, Newcastle

0191 625 0777

Next Steps?

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

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