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5 bedroom terraced house for sale
Colston Street, Benwell, Newcastle Upon Tyne NE4
£150,000
Colston Street, Benwell, Newcastle Upon Tyne NE4
£150,000
Our Summary
- Investment Opportunity Available for sale with the tenants in place is this pair of flats located in Benwell
- 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
- Investment Opportunity
Description
This is an investment opportunity to purchase a pair of flats in Benwell, with tenants already in place. The ground floor flat features a hallway, lounge, kitchen, two bedrooms, and a bathroom, while the first floor flat has an entrance, lounge, kitchen, three bedrooms, and a bathroom. Both flats have access to a shared rear yard and are situated close to local public transport routes, with easy access to Newcastle city centre, the MetroCentre, and the A1 and A69. The property benefits from double glazing throughout and has no known building works or restrictions. The current rental income is £1,250 per month, or £15,000 per year, with the tenants in place. Early viewing is recommended, and the property is being sold freehold, but the tenure must be verified by a legal adviser.