5 bed terraced house for sale

Colston Street, Benwell, Newcastle Upon Tyne NE4

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.

Lounge (13' 10'' x 9' 10'' (4.21m x 2.99m))

Double glazed window to the rear. Storage cupboard. Radiator.

Kitchen (13' 8'' x 7' 2'' (4.16m x 2.18m))

Sink/drainer. Gas cooker point. Radiator. Door to the rear.

Bedroom One (9' 7'' x 7' 5'' (2.92m x 2.26m))

Double glazed window to the rear. Radiator.

Bedroom Two (13' 8'' x 12' 5'' (4.16m x 3.78m))

Double glazed window to the front. Coving. Radiator.

Bathroom (8' 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.

Lounge (13' 7'' x 11' 8'' max (4.14m x 3.55m))

Double glazed window to the rear. Storage cupboard. Radiator.

Kitchen (12' 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 One (14' 9'' x 11' 8'' (4.49m x 3.55m))

Double glazed window to the front. Radiator.

Bedroom Two (10' 1'' x 7' 6'' (3.07m x 2.28m))

Double glazed window to the front. Radiator.

Bedroom Three (8' 11'' x 7' 6'' (2.72m x 2.28m))

Double glazed window to the front. Radiator.

Rear Hallway

Door to the rear.

Bathroom (9' 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.