No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
Picture No. 03
Picture No. 01
Picture No. 02
From£600,000
Added > 14 days

9 bedroom apartment for sale

North Tyneside Investment Portfolio, North Shields & Whitley Bay, Tyne and Wear
Save
Apartment
9 bed
5 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

A great opportunity for any investor looking to build on their property portfolio. Made up of 5 properties that consists of 4 flats and a 2 bedroom semi-detached home in the Whitley Bay and North Shields area, all of these properties have seen consistent returns and been successful investments. The current income from all 5 properties is £30,680 per annum. The properties are located in the following areas.

Belford Terrace NE30 2DA - 3 Bed 1st floor flat.
Currently let out for £475pcm

Margaret Road NE26 2PQ - 1 Bed 1st floor flat
Currently let out for £470pcm

Margaret Road NE26 2PQ - 1 Bed ground floor flat
Currently let out for £470pcm

Brookland Terrace NE29 8EU - 2 Bed ground floor flat
Currently let out for £440pcm

Houxty Road NE25 9QN- 2 Bed semi-detached house
Currently let out for £170pw

Please get in touch with our office for further details.
Rettie Newcastle
101 St Georges Terrace, Jesmond, Newcastle, NE2 2DN
[use Contact Agent Button]
[use Contact Agent Button]

Misrepresentations

1. The property is sold with all faults and defects, whether of condition or otherwise and neither the seller nor Rettie Newcastle LLP, the selling agent, are responsible for such faults and defects, nor for any statement contained in the particulars of the property prepared by the said agent.

2. The Purchaser(s) shall be deemed to be knowledgeable that he has not entered into contract in reliance on the said statements, that he has satisfied himself as to the content of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the seller or the said agents in relation to or in connection with the property.

3. Any error, omission or mis-statement in any of the said statements shall not entitle the purchaser(s) to rescind or to be discharged from this contract, nor entitle either party to compensation or damages nor in any circumstances to give either party any cause for action.

Proof and Source of Funds/Anti Money Laundering

Under the HMRC Anti Money Laundering legislation all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds. This may include evidence of bank statements/funding source, mortgage or confirmation from a solicitor the purchaser has the funds to conclude the transaction.

All individuals involved in the transaction are required to produce proof of identity and proof of address.

This is acceptable either as original or certified documents.






Places of interest

    Located in vibrant Jesmond, the Rettie Newcastle team pride ourselves in consistently offering the impeccable, friendly service that sets Rettie apart. Located in vibrant Jesmond, our Newcastle team pride themselves on the fact that they consistently offer the professional, friendly service that sets Rettie apart. Our Newcastle team have over 50 years' experience, so get in contact and we'll be happy to help you buy or sell in Newcastle and its surroundings.

    See more properties like this:

    *DISCLAIMER

    Property reference NWC220361. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Rettie & Co - Newcastle.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 29, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.