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
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This property is no longer on the market

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03 EFF6 D2 914 D 492 E BDC7 F752 F92 A3409.jpeg
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5 bedroom block of apartments

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Block of apartments
5 bed
2 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Investment Opportunity
  • Pair of 'Tyneside Flats'
  • Fully Let to Summer 2022
  • £15,859.92pa Gross Income
  • 6.3% Gross Yield
  • Ground Floor Two Bedroom Flat
  • First Floor Three Bedroom Flat
  • Rear Yard
  • Excellent Heaton Location
  • EPC Ratings D
PAIR OF TYNESIDE FLATS // GROUND FLOOR TWO BEDROOM FLAT // FIRST FLOOR THREE BEDROOM FLAT // £15,859.92pa GROSS INCOME // 6.3% GROSS YIELD

Ground Floor Flat - The ground floor flat briefly comprises lounge, kitchen, two bedrooms and bathroom. This property is currently let until summer 2022 with a rental income of £7,279.92pa.

First Floor Flat - The first floor flat briefly comprises living room, kitchen, three bedrooms and bathroom. This property is currently let until summer 2022 producing a rental income of £8,580pa.

External - Externally there is a small town garden to the front with on-street parking available. To the rear there is a yard with access to the rear lane.

Title - We have been advised by our client that the properties are held on individual 999-year leasehold arrangements. We recommend consulting relevant legal advice for any clarification.

Property information from this agent

Places of interest

    For over twenty years, we were known as Walton Robinson. Over the years, our services and focus have changed and as a progressive company, a new name seemed like the best way to move our company forward in order to remain fresh and current. As an established company with two decades’ worth of experience, the Seekers name simply built on our existing equity and continued to position us as the authority on North East property. We are independent property experts in the North East. Our local and regional insider knowledge means we know this area like the back of our hand and with decades of experience in the property market, our dedicated team is here to guide you through the entire process

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    *DISCLAIMER

    Property reference 30382489. 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 Seekers Property - Newcastle upon Tyne.

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

    Broadband availability and predicted speed

    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.