Flat for sale in Kelvin Grove, Sandyford, Newcastle Upon Tyne NE2

Just added
Offers in region of £180,000
Interested in this property? Call +44 191 499 9120 * or Request Details

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Flat for sale - 3 bedrooms

3 1 1

Tenure:
Leasehold
Time remaining on lease:
961 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
A

Utilities and more details

Property features

  • Investmenr Property
  • Pre-Let until September 2025
  • 7.8% Gross Yield
  • Ground Floor
  • Excellent Rental History
  • Permit Parking On Street
  • Surrounded by Popular Restaurants and Brunch Spots
  • Appeals to Student and Young Professional Market
  • Three Bedrooms
  • Neutral, Modern Decor
  • Lateral living

Property description

*Investment Property, Pre-Let until Mid Setpember 2025* - This ground floor, three bedroom flat in the popular Sandyford district is a fantastic opportunity for an investor. With excellent rental history behind it and ideal for the student or young professional renters market!

The property is pre-let until Mid September 2025 at an annual return of £14,196 generating a decent gross 7.8% yield on asking price.

There is permit parking on street with the Universities and City Centre a 10 minute walk away. Sandyford also includes an array of restaurants with Aidan's kitchen, Little Lobo and Thali Tray to name a few!

In brief, the property includes a neutral cream gloss kitchen, cosy living space with access to the rear yard, three bedrooms and a bathroom with 3 piece suite.

*In person viewings are required- photos used are not up to date as taken between tenancies. There have been adaptions ot the kitchen work surfaces to confirm with additional licensing requirements.

The property is leasehold- 999 years from 7th November 1986.

Disclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.

Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared, but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.

Property info

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Bricks & Mortar, NE1 on +44 191 499 9120 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bricks & Mortar, and do not constitute property particulars. Please contact Bricks & Mortar for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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