1 bed flat for sale

126 Waterloo Walk, Washington, Tyne And Wear NE37

For sale by online auction on Tuesday, 10 Nov 2026 ending at 11:24

one bedroom tenanted investment

A tenanted residential investment opportunity, offered for sale by auction and currently producing rental income of £420 per calendar month.

The property comprises a well-proportioned residential dwelling with accommodation arranged over the usual levels and benefits from an established tenancy, providing an immediate income stream for an investor. The property offers scope for future enhancement or improvement, subject to the necessary permissions and requirements.

Located within an established residential area, Waterloo Walk provides access to a range of local amenities, shops, schools and transport links, making the property suitable for those seeking a straightforward buy-to-let investment.

With a current rental income of £5,040 per annum, equating to an attractive gross yield of approximately 28% based on the guide price, the property presents an opportunity for landlords and investors looking to acquire a tenanted property with ongoing rental income.Tenure: See Legal Pack

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Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.