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4 bedroom flat for sale
Severus Road, Newcastle Upon Tyne
£230,000
Severus Road, Newcastle Upon Tyne
£230,000
Our Summary
- Investment Opportunity Available for sale is this pair of flats located in Fenham
- 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 consists of a pair of flats located in Fenham, being sold as a going concern with all fixtures, fittings, and appliances included. Each flat has its own entrance and is fully licensed, with rental agreements in place until 2026 at a rent of £840 per month. The properties are situated close to local public transport routes, colleges, and universities, and benefit from double glazing throughout. The property is freehold, although the tenure must be verified by a legal adviser. The sale includes all tenants in place, and the buyer will need to conduct a mining search due to the North East region's rich mining heritage. The property is not listed, in a conservation area, or subject to any restrictions or easements. There are no known safety risks, flood defences, or coastal erosion risks. The property has no accessibility adaptations and is being sold with the tenants in place, making it an attractive investment opportunity.