Neville Court / Collingwood Court... 1 bed property for sale

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Neville Court / Collingwood Court... 1 bed property for sale

Neville Court / Collingwood Court, Washington, Tyne and Wear, NE37 3DY
£120,000

Our Summary

  • Investment Opportunity: Portfolio of 6 North East Flats – Immediate Income & Strong Rental PotentialWe are pleased to offer a diverse portfolio of 6 residential properties situated across popular rental locations in the North East
  • Kenilworth CourtProperty Type: 2 Bed Flat (with walk-in wardrobe room)Status: Long-term tenant since August 2021Rent: £420/month Total Current Monthly Rental Income: £1,555 + £35 (Garage) = £1,590/monthPotential to increase with lettings of currently vacant propertiesPLEASE NOTE Pattinsons have not inspected these flats - full inspection due 14/10/25 to add floorplans and new internals

Description

This investment opportunity presents a diverse portfolio of six residential properties in the North East, offering both immediate rental income and long-term capital growth potential. The portfolio consists of six flats, including a one-bedroom flat with a garage, two one-bedroom flats, and three two-bedroom flats, including a maisonette with private front door access. The properties are situated in popular rental locations and have a total current monthly rental income of £1,590, with the potential to increase with the lettings of currently vacant properties. The portfolio offers a range of opportunities for buy-to-let investors, from renovating and re-letting vacant properties to taking advantage of the existing tenancies and long-term tenant relationships.