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5 bedroom block of apartments for sale
Hugh Gardens, Benwell, NEWCASTLE UPON TYNE
£115,000
Hugh Gardens, Benwell, NEWCASTLE UPON TYNE
£115,000
Our Summary
- SUMMARYAUCTION SALE 15 April 2025 - Two self-contained apartments
- DESCRIPTION***FOR SALE BY AUCTION
- Enquiries:W H Brown Northern Auction Centre, 38 High Street, Bawtry, South Yorkshire DN10 6JE
Description
This property is an investment opportunity consisting of two self-contained apartments, each on a separate title, located in Benwell, Newcastle. The apartments are tenanted, with a two-bedroom flat generating £525 per month and a three-bedroom flat generating £450 per month, resulting in a potential annual yield of £11,700. The properties have gas central heating and double-glazed windows, but due to being tenanted, internal viewings are not available. The freehold properties are sold with the tenants in situ, and the guide price is £115,000.