Queen Street, Ashington

£55,000
  • Ref: 11357
  • Type: Apartment
  • Availability: For Sale
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold
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    Property Features

    • 5 Year Lease in place
    • Rent £5,586 net
    • 9.8% Yield
    • Leasehold 960 years remain
    • Council Tax A
    • EPC D

    Property Description

    NEPI is pleased to offer clients an excellent investment opportunity. The property is currently let on a government backed lease until 2030 and generates a gross annual income of £6,144 providing a strong yield of 10.7%. This represents a high-return, low-cost investment.
    The property, a two-bedroom first floor flat, comprises of 2-bedrooms, lounge, kitchen & bathroom.
    LEASEHOLD 960 years remain ( No Service Charge)
    ...

    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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