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2 bed flat
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Our Summary
- Tenanted Investment Opportunity
- **Investment opportunity – tenanted two-bedroom upper flat, achieving £650 PCM with a strong gross yield of approximately 9
- 75%** Bowson are delighted to welcome to the market this well-presented two-bedroom upper flat, offered as a tenanted investment opportunity, providing immediate rental income and stability within a consistently strong rental location
- Overall, this is a strong investment opportunity offering a secure income stream, attractive yield, and consistent tenant demand within a well-connected residential location
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Description
The property is a two-bedroom upper flat located in Wallsend, a well-established residential area with local amenities and excellent transport links. The flat is situated on the first floor, above a yard, and has a frontage with ample on-street parking. The accommodation includes a double bedroom, a single bedroom, a living area, a kitchen with a gas hob and integrated oven, and a family bathroom with a towel heater and shower over bath.
Externally, there is a yard and on-street parking. The property is currently let at £650 per month, generating an annual income of £7,800 and delivering a gross yield of approximately 9.75%.