Colston Street, Benwell, Newcastle Upon Tyne£150,000
On MarketRMS Estate Agents - Fenham - 0191 274 4661FN00010166
- Investment Opportunity
- To be sold with tenants in place
- Pair of flats
- Ground floor flat has two bedrooms
- First floor flat has three bedrooms
- One reception room to each flat
- Shared rear yard
- Freehold
- Council Tax Band A for each flat
- EPC Rating- Ground Floor D, First Floor C
Investment Opportunity
Available for sale with the tenants in place is this pair of flats located in Benwell. The accommodation to the ground floor flat briefly comprises of hallway, lounge, kitchen, two bedrooms and bathroom. To the first floor flat is an entrance with stairs leading to first floor landing, lounge, kitchen, three bedrooms, rear hallway and bathroom. Both flats have access to a shared rear yard.
The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.
Early viewing is recommended.
Council Tax Band: A for each flat
EPC Rating: Ground Floor Flat - D, First Floor Flat - C
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.
CURRENT RENTAL INFORMATION
The landlord has advised us that the ground floor flat currently achieves £490 pcm, and the first floor flat currently achieves £760 pcm, giving a total of £1,250pcm/£15,000 per year. Rook Matthews Sayer have not had sight of the tenancy agreements.
- Ground Floor Flat
- Hallway
Storage cupboard.
- Lounge13' 10'' x 9' 10'' (4.21m x 2.99m)
Double glazed window to the rear. Storage cupboard. Radiator.
- Kitchen13' 8'' x 7' 2'' (4.16m x 2.18m)
Sink/drainer. Gas cooker point. Radiator. Door to the rear.
- Bedroom One9' 7'' x 7' 5'' (2.92m x 2.26m)
Double glazed window to the rear. Radiator.
- Bedroom Two13' 8'' x 12' 5'' (4.16m x 3.78m)
Double glazed window to the front. Coving. Radiator.
- Bathroom8' 5'' x 7' 6'' (2.56m x 2.28m)
Frosted double glazed window to the rear. Panelled bath. Pedestal wash hand basin. Low level WC. Radiator.
- First Floor Flat
- Entrance
Stairs leading to first floor landing.
- First Floor Landing
Loft access.
- Lounge13' 7'' x 11' 8'' max (4.14m x 3.55m)
Double glazed window to the rear. Storage cupboard. Radiator.
- Kitchen12' 4'' x 7' 3'' (3.76m x 2.21m)
Double glazed window to the rear. One and half bowl sink/drainer. Plumbed for washing machine. Gas cooker point. Radiator.
- Bedroom One14' 9'' x 11' 8'' (4.49m x 3.55m)
Double glazed window to the front. Radiator.
- Bedroom Two10' 1'' x 7' 6'' (3.07m x 2.28m)
Double glazed window to the front. Radiator.
- Bedroom Three8' 11'' x 7' 6'' (2.72m x 2.28m)
Double glazed window to the front. Radiator.
- Rear Hallway
Door to the rear.
- Bathroom9' 2'' x 5' 4'' (2.79m x 1.62m)
Frosted double glazed window to the rear. Panelled bath with shower over. Pedestal wash hand basin. Low level WC. Radiator.
- External
Shared rear yard, accessed by both flats.
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