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Property Listing Details

Property details

  • 2 bedrooms
  • 1 reception room

Features

  • Each Flat Is currently let for 300 pcm Giving a gross annual rental income of 7200 and a gross yield of 16%
  • Pair of flats
  • Refurbished
  • Ideal Investment Oportunity
  • Viewings Recommended

Listing view statistics

Last 30 days: 101 page views

Since listed: 1982 page views

Description

Summary

To be sold via online auction. Property sold under conditional auction terms and conditions. Buyers reservation fee applies.

Ideal investment opportunity. Each Flat Is currently let for 300 pcm Giving a gross annual rental income of 7200 and a gross yield of 16% at the starting bid.

Ground Floor Flat: Entrance hall, lounge, kitchen, bedroom and bathroom/w.c. The tenant for this flat signed a 6 month Short hold tenancy agreement on 4th August 2018

First Floor flat: Briefly comprises Entrance hall with stairs to first floor landing, lounge, fitted kitchen, bedroom and bathroom/w.c. The tenant for this flat signed a 6 month Short hold tenancy agreement on 20th August 2018.

Externally the property has a large garden to front and an enclosed yard to the rear. The properties have undergone modernization and viewings are recommended. For more information or to arrange a viewing please contact Your Local office.

You could get

Superfast broadband Superfast broadband

Up to 78 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Widdrington 3.6 miles
  • Pegswood 4.9 miles
  • Ellington Primary School 1 miles
  • Linton Primary School 1.9 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Widdrington 3.6 miles
  • Pegswood 4.9 miles
  • Ellington Primary School 1 miles
  • Linton Primary School 1.9 miles

Market stats

Sale activity

Average estimated value for a flat in NE61:

  • £162,910
  • Price decrease

  • -£1,499
  • (-0.912%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £171,352
  • Properties sold

    25

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in NE61 is currently:

£589 pcm

Recent sales nearby

See all recent sales in NE61
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
12th Sep 2018 £45,000 Price reduced by £5,000
12th Mar 2018 £50,000 First listed
21st Dec 2016 £40,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Pattinson - Ashington. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Ashington for full details and further information.