Studio

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Studio

Rosedale Court, West Denton, Newcastle Upon Tyne, Tyne And Wear NE5
£35,000

Our Summary

  • Available to cash buyers only due to short lease

Description

This studio flat is a compact and simple living space located on the ground floor of a quiet estate, within walking distance to local shops, amenities, and schools. The property is currently tenanted at £375 per month, yielding over 11% and comes with glowing references. The tenant would like to remain and the property is managed by Wilson Defraine Lettings. The flat features a lounge/bedroom with built-in storage, a small but well-packed kitchen with a range of units, and a bathroom with a 3-piece white suite. The property also has a small garden and off-street parking. The leasehold has 42 years remaining, with a ground rent of £50 per year and a service charge of £65 per month. The council tax band is A. This is an ideal investment opportunity for cash buyers.
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