£70,000
2 bed flat for saleDurham Street, Wallsend, Newcastle Upon Tyne NE28
2 beds
1 bath
1 reception
EPC Rating: D
Added on
About this property
Investment Property
No Chain
Tenant in Place
2 Bedrooms
Upper Flat
EPC D
Wheelchair accessible
Seven Keys are delighted to welcome to the market this two-bedroom upper flat, situated on Durham Street in the popular residential area of Wallsend, Tyne & Wear.
The property is currently tenanted, generating a rental income of £600 per calendar month (£7,200 per annum), making it an attractive opportunity for buy-to-let investors looking to add an income-producing property to their portfolio.
The property is offered on a leasehold basis under a Tyneside lease arrangement, which is commonly found throughout the North East.
This upper floor flat features a spacious lounge with fireplace, leading to the kitchen, a family bathroom with a shower over the bath. The property benefits from a spacious master bedroom and a single bedroom.
The property is conveniently situated close to an abundance of local amenities, including shops, supermarkets, schools and other everyday conveniences. Both Wallsend and Hadrian Road Metro stations are nearby, providing excellent public transport connections to Newcastle city centre and the wider Tyne and Wear area.
The property also benefits from convenient access to the Coast Road (A1058), which provides routes towards Newcastle, North Shields and the Tyne Tunnel, making it an ideal location for commuters.
Wallsend is a well-established residential area that remains popular with tenants due to its affordability, convenient amenities and excellent transport links.
An early viewing is recommended. Please contact Seven Keys today for further information or to arrange a viewing.
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