4 bed flat for sale

Severus Road, Newcastle Upon Tyne NE4

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

Lounge (14' 1'' x 12' 3'' max (4.29m x 3.73m))

Double glazed window to the front. Radiator.

Kitchen (11' 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 One (14' 0'' x 11' 0'' max (4.26m x 3.35m))

Double glazed window to the front. Radiator.

Bedroom Two (10' 1'' x 9' 10'' (3.07m x 2.99m))

Double glazed window to the front. Radiator.

Bathroom (5' 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.

Lounge (11' 8'' x 10' 11'' (3.55m x 3.32m))

Double glazed window to the front. Radiator.

Kitchen (10' 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 One (11' 2'' max x 14' 1'' (3.40m x 4.29m))

Double glazed window to the front. Radiator.

Bedroom Two (10' 4'' x 9' 11'' (3.15m x 3.02m))

Double glazed window to the front. Radiator.

Bathroom (5' 0'' x 5' 5'' (1.52m x 1.65m))

Shower cubicle. Pedestal wash hand basin. Low level WC. Extractor fan. Heated towel rail.