Thames Street, Chopwell, Newcastle, NE17

2 bedroom Flat in Newcastle

For Sale
Offers Over £60,000
Current Yield 7.3 %
Potential Yield 10.3 %
Property Reference: 209410439
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms

Property Features

Property Features

  • Buy-to-Let Opportunity
  • 2 Bedrooms
  • Kitchen and Diner
  • Spacious Rooms
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2 bedroom mid-terraced house located in Newcastle. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

This well-kept home features a 2 bedroom, 1 bathroom, a kitchen and diner.

Investment Details

It currently produces an annual gross income of £5,100 for both which could be increased by the new owner to a market rate of £7,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.


Tenancy Details

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 209410439

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £425
  • Potential Rent pcm: £600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: Moved in within the last 2 years
  • Tenants means of funding: Employment
Property Reference: 209410439
Property Reference: 209410439

Property Location

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Request DetailsThames Street, Chopwell, Newcastle, NE17

Offers Over £60,000

Make an offer
Thames Street, Chopwell, Newcastle, NE17

Listing Price

Offers Over £60,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.