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Property Listing Details

Property details

Features

  • 1 bedroom
  • 1 bathroom
  • Leasehold
  • 1 Bed Flat
  • Excellent Buy to Let Investment
  • Potetial Rental Income £320 pcm
  • Potential Gross Yield Over 22%

Listing view statistics

Last 30 days: 212 page views

Since listed: 4064 page views

Description

Starting price £17,000

**excellent buy to let investment** **potential rental income £320 pcm** **potential gross yield over 22%** **no upper chain**

Excellent buy to let investment. This one bedroom flat is situated close to public transport facilities and briefly comprises of entrance hallway, lounge with balcony, kitchen, bedroom and bathroom. Gas central heating. Viewing highly recommended.

This property is situated in a secure entry complex which offers communal gardens with a central lawn area and laundry facilities. Private parking available for residents. Annual service charge applies.

EPC Rating - Awaiting

This property is being offered as a conditional lot; upon acceptance of an offer the buyer must place a non-refundable buyer fee of £1660 to secure the property. Exchange of contracts should occur in 28 days and completion in a further 28 days.

Disclaimer

iBuy Property Auction have not tested any fixtures, fittings or services in this property. The prospective buyer must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided are for guidance and descriptive purposes only. The property details are set out as a general guide only and do not constitute any part of a contract.

Map & Nearby

Local Amenities

  • Heworth 3.1 miles
  • Chester-le-Street 5 miles
  • Marlborough Primary School 0.1 miles
  • Usworth Colliery Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Heworth 3.1 miles
  • Chester-le-Street 5 miles
  • Marlborough Primary School 0.1 miles
  • Usworth Colliery Primary School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in NE37:

  • £61,865
  • Price decrease

  • -£1,578
  • (-2.487%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £39,884
  • Properties sold

    19

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in NE37 is currently:

£360 pcm

Recent sales nearby

See all recent sales in NE37
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In association with

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.

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

The Agent

Price history

Sold prices provided by Land Registry
31st Jan 2018 £16,995 Price reduced by £5
26th Sep 2017 £17,000 First listed
27th Jan 2016 £16,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by iBuy Property Auction. 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 iBuy Property Auction for full details and further information.