Offers in region of
£89,500
(£132/sq. ft)
3 bed flat for saleVictoria Street, Hebburn NE31
3 beds
1 bath
1 reception
678 sq. ft
EPC Rating: C
Added on
About this property
Upper Floor Flat
Three Bedrooms
Neutral Decor
Contemporary Bathroom
Low-Maintenance Outdoor Space
Great Investment
This three-bedroom upper floor flat presents an excellent opportunity for both investors and owner-occupiers, offering the flexibility to purchase with or without the tenant in situ. This provides an ideal option for those seeking an investment with an existing rental income or buyers looking for a property to make their own.
Currently achieving an impressive 11% ROI, with a rental income of £825 per calendar month, the property represents an attractive investment opportunity for landlords looking to add to their portfolio.
The property was fully refurbished in 2023, with a new boiler installed in December 2023, providing further reassurance for prospective purchasers.
The accommodation is thoughtfully laid out to maximise both space and comfort, with ample natural light throughout, creating a bright and welcoming atmosphere. The spacious layout comprises three well-proportioned bedrooms, each offering flexibility for use as sleeping quarters, a home office or additional storage.
The kitchen is fitted with stylish wooden countertops, providing generous workspace and room for freestanding appliances. The contemporary bathroom is finished to a high standard, featuring a sleek walk-in shower, heated towel rail and modern fixtures.
Neutral décor throughout gives the property a fresh, well-presented feel, making it ready for immediate occupation or offering a blank canvas for personalisation.
Conveniently located close to local amenities, transport links and schools, the property is ideally suited to professionals, families and sharers alike.
Whether you are an investor looking for a high-yielding addition to your portfolio or an owner-occupier searching for a spacious and well-maintained home, this property offers an appealing combination of practicality, comfort and flexibility.
The property is available to purchase with or without the tenant in situ.
Early viewing is highly recommended to appreciate everything this property has to offer.
EPC Rating: C
Lounge (4.21m x 3.57m)
Kitchen (2.71m x 2.14m)
Master Bedroom (4.11m x 3.50m)
Bedroom 2 (3.2m x 2.4m)
Bedroom 3 (3.08m x 2.37m)
Bathroom (2.07m x 1.69m)
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements are approximate using a Sonic tape and should not be relied upon for complete accuracy. If you require exact measurements, please ask one of our negotiators to arrange an appointment to view the property, when your own measurements may be taken. It should not be assumed that the property has all necessary planning, building regulation or other consents. The Agent has not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
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More information
Tenure
Leasehold (936 years)
Service charge
Council tax band
A
Ground rent
£0
Ground rent date of next review
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