Sixth Avenue, Newcastle Upon Tyne£325,000
On MarketRMS Estate Agents - Jesmond - 0191 281 6700JR00004357
- 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.
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