Vindolanda, Wallsend

£52,500
  • Ref: 11306
  • Availability: For Sale
  • Bedrooms: 2
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold
  • Make Enquiry
    • Make Enquiry

    Property Features

    • 5 Year Lease in place
    • Rent £7,390 pa
    • 13% Gross Yield
    • Leasehold 110 Years remain
    • Council Tax A
    • EPC C

    Property Description

    NEPI is delighted to present this 2-bedroom ground floor flat in Wallsend, North Tyneside. Currently under a government-backed lease, this property provides an excellent, low-cost, long-term investment opportunity. The property is leasehold with 110 years remaining and a service charge of £33pcm (collected quarterly). The rental income produces £615.84pcm / £7,390pa (Gross)
    The property comprises of 2 bedrooms, lounge, Kitchen &bathroom, also benefiting from gas central heating & double-glazed windows...

    Contact Us

    Address
    North East Property Investment Ltd
    11 Riverside Studios
    Amethyst Rd
    Newcastle Upon Tyne
    Tyne and Wear
    NE4 7YL
    PHONE: 0191 716 1670
    EMAIL: info@nepi.uk

    Working With