Ethel Street, Benwell, Newcastle Upon Tyne

£155,000
  • Ref: 11317
  • Type: Apartment
  • Availability: For Sale
  • Bedrooms: 7
  • Bathrooms: 2
  • Reception Rooms: 2
  • Tenure: Freehold
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    Property Features

    • Council & Government Backed leases
    • Rent £18,642 pa Gross
    • 12% Gross Yield
    • Freehold
    • Council Tax A
    • EPC C & D

    Property Description

    NEPI are pleased to present two excellent investment properties in Tyneside, both recently refurbished and currently let on government & Council-backed schemes, offering strong rental yields.
    4-bedroom HMO upper Tyneside flat is currently let on a government-backed scheme, generating a yearly income of £10,524 The property comprises four bedrooms, a lounge, kitchen, and bathroom, also benefiting from gas central heating and double-glazed windows.
    The 3-bedroom lower Tyneside flat is currently let via Newcastle City Council on a rent guarantee scheme, generating a yearly income of £8,100. The property comprises three bedrooms, a lounge, kitchen, and bathroom, also benefiting from gas central heating and double-glazed windows...

    Contact Us

    Address
    North East Property Investment Ltd
    11 Riverside Studios
    Amethyst Rd
    Newcastle Upon Tyne
    Tyne and Wear
    NE4 7YL

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