2 bed flat for sale

Wallsend, Tyne And Wear NE28

Ground Floor Two-Bedroom Flat In Wallsend: Ideal For Ftb Or Investors

Presenting a superb opportunity, this two-bedroom ground floor flat is ideally situated in Wallsend, offering a convenient and popular location. This property holds broad appeal, making it an excellent prospect for both first-time buyers seeking an affordable entry into the market and discerning investors looking to expand their portfolio.

For investors, the property is currently let, generating a consistent rental income of £550 per calendar month. This provides an attractive, ready-made income stream from day one. For first-time buyers, while currently tenanted, this flat offers a fantastic chance to secure a well-located home with manageable outgoings, presenting a clear path to homeownership.

The flat itself comprises two well-proportioned bedrooms, a comfortable reception room, and a single bathroom, providing practical and functional living spaces. As a ground floor unit, it offers easy access, a feature often sought after by a wide range of occupants. The property benefits from an Energy Performance Certificate (EPC) rating of C.

One of the significant advantages of this listing is the absence of an upper chain, ensuring a smoother and potentially quicker transaction process. This can be particularly beneficial for both investors who wish to finalise their purchase without unnecessary delays and first-time buyers eager to move into their new home.

Wallsend is a well-established area with a host of local amenities, including shops, supermarkets, schools, and leisure facilities, all within easy reach. Excellent transport links, including bus routes and metro stations, provide convenient access to Newcastle city centre and other surrounding areas, enhancing the property's appeal to prospective residents.

With a council tax band A, the property also benefits from lower annual outgoings, further contributing to its attractiveness as an investment or an affordable first home. The combination of solid features, a desirable location, and flexible appeal positions this flat as a robust and reliable asset.

This is a fantastic chance to acquire a property with immediate returns for investors or a promising first home for owner-occupiers. We highly recommend an early viewing to fully appreciate the value and opportunity this Wallsend flat presents. Contact us today to arrange your visit and discuss this excellent opportunity further.