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1 bedroom flat for sale
Whitfield Road, Newcastle upon Tyne NE15
£65,000
Whitfield Road, Newcastle upon Tyne NE15
£65,000
Our Summary
- The property offers fantastic investment opportunity with similar properties in the area achieving rents of £550 pcm offering a gross yield of approximately 9
Description
This ground floor flat on Whitfield Road in Scotswood offers a fantastic investment opportunity, with similar properties in the area achieving rents of £550 per month, providing a gross yield of approximately 9.7%. The property boasts lovely far-reaching views from the front and deceptively spacious accommodation, comprising a hallway, lounge, kitchen, bedroom, and bathroom. The exterior features a town garden to the front and a spacious yard to the rear, offering potential for off-street parking. Located west of Newcastle city centre, the area has a range of local services, including schools, shops, and recreational facilities, as well as good transport links to the city centre and nearby A1 and A69 trunk roads. The property is leasehold with 960 years remaining and a peppercorn rent.