Severus Road, Newcastle Upon Tyne£230,000
On MarketRMS Estate Agents - Fenham - 0191 274 4661FN00010127
- Investment opportunity
- Pair of flats
- Two bedrooms to each flat
- Covered rear yard to ground floor flat
- Freehold
- Council Tax Band A for each flat
- EPC Rating C for each flat
Investment Opportunity
Available for sale is this pair of flats located in Fenham.
The flats are being sold as a going concern, with all fixtures, fittings and appliances included in the sale.
Each flat has their own entrance. The accommodation to the ground floor flat briefly comprises of lounge, kitchen, two bedrooms and bathroom. To the first floor flat is an entrance with stairs leading to first floor landing, lounge, kitchen, two bedrooms and bathroom.
We have been advised by the owner that the properties are being sold with the tenants in place, both properties have rental agreements until 2026 at a rent for each property of £840pcm. Both of the flats are fully licensed.
The properties are situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. They are also within ideal distance of the local colleges and universities.
Early viewing is recommended.
Council Tax Band: A for each flat
EPC Rating: C for each flat
PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Gas
Broadband: Fibre
Mobile Signal Coverage Blackspot: No
Parking: On Street Parking
The property benefits from double glazing throughout.
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.
RESTRICTIONS AND RIGHTS
Listed? No
Conservation Area? No
Restrictions on property? No
Easements, servitudes or wayleaves? No
Public rights of way through the property? No
RISKS
Flooding in last 5 years: No
Risk of Flooding: Zone 1
Any flood defences at the property: No
Coastal Erosion Risk: Low
Known safety risks at property (asbestos etc…): No
BUILDING WORKS
Any known planning permissions or proposals in the immediate locality: No
Outstanding building works at the property: No
ACCESSIBILITY
This property has no accessibility adaptations.
TENURE
It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
- Ground Floor Flat
- Lounge14' 1'' x 12' 3'' max (4.29m x 3.73m)
Double glazed window to the front. Radiator.
- Kitchen11' 4'' x 8' 8'' (3.45m x 2.64m)
Double glazed window to the rear. Sink/drainer. Plumbed for washing machine. Gas cooker point. Radiator. Door to the rear.
- Bedroom One14' 0'' x 11' 0'' max (4.26m x 3.35m)
Double glazed window to the front. Radiator.
- Bedroom Two10' 1'' x 9' 10'' (3.07m x 2.99m)
Double glazed window to the front. Radiator.
- Bathroom5' 7'' x 5' 6'' (1.70m x 1.68m)
Shower cubicle. Pedestal wash hand basin. Low level WC. Extractor fan. Radiator.
- External
Covered rear yard.
- First Floor Flat
- Entrance
Stairs to first floor landing. Storage cupboard.
- First Floor Landing
Double glazed window to the front. Loft access. Radiator.
- Lounge11' 8'' x 10' 11'' (3.55m x 3.32m)
Double glazed window to the front. Radiator.
- Kitchen10' 4'' x 7' 8'' (3.15m x 2.34m)
Double glazed window to the rear. Sink/drainer. Plumbed for washing machine. Gas cooker point. Extractor fan. Radiator.
- Bedroom One11' 2'' max x 14' 1'' (3.40m x 4.29m)
Double glazed window to the front. Radiator.
- Bedroom Two10' 4'' x 9' 11'' (3.15m x 3.02m)
Double glazed window to the front. Radiator.
- Bathroom5' 0'' x 5' 5'' (1.52m x 1.65m)
Shower cubicle. Pedestal wash hand basin. Low level WC. Extractor fan. Heated towel rail.
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