2 bedroom apartment for sale

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2 bedroom apartment for sale

Hugh Gardens, NEWCASTLE UPON TYNE
£55,000

Our Summary

  • SUMMARYAUCTION SALE 21 May 2024 - Tenanted two-bedroom ground floor apartment
  • DESCRIPTION***FOR SALE BY AUCTION

Description

A two-bedroom ground floor apartment in Benwell, Newcastle, is being sold through an auction on May 21, 2024. The property is tenanted and provides an income of £525 per month, resulting in an annual yield of £6,300. The apartment has gas central heating and double glazed windows, and is located within walking distance to shops, bars, and restaurants. The property is held on a 999-year lease from 2008, with a peppercorn rent if demanded. The guide price is £55,000, and interested buyers should contact the auctioneers for more information.
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