5 bedroom block of apartments for sale

>

5 bedroom block of apartments for sale

Colston Street, Benwell, Newcastle Upon Tyne NE4
£145,000

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 investment opportunity features a pair of flats located in Benwell, with tenants already in place. The ground floor flat has a hallway, lounge, kitchen, two bedrooms, and bathroom, while the first floor flat has an entrance, lounge, kitchen, three bedrooms, rear hallway, and bathroom. Both flats share a rear yard and are situated near local public transport routes, making it easy to access Newcastle city centre, the MetroCentre, and major highways. The property benefits from double glazing throughout and has an offer accepted subject to contract, but is still available to view. The current rental income is £1,590 per month, and the property is freehold. However, a mining search is recommended due to the North East's mining heritage, and the property has no accessibility adaptations.