Noble Terrace, Gateshead NE10

GBP 270,000
For Sale

Property Details

Bedrooms

8

Bathrooms

4

Property Type

Flat

Description

Property Details: - Type: Flat - Bedrooms: 8 - Bathrooms: 4

Agent: Lightning Estates - Tyne & Wear Phone: 0191 392 0321

Investment Portfolio For Sale Gateshead NE8 & NE10 £27,600 Annual Income<br /><br />An ideal turnkey investment opportunity a portfolio of four fully let residential properties in high-demand rental locations across Gateshead. This package includes three lower Tyneside flats and one mid-terraced house, all currently producing a combined rental income of £27,600 per annum.<br /><br />Portfolio Breakdown:<br />1.16 Noble Street, NE10 0HP<br />* 2-bedroom mid-terraced house<br />* Well-maintained with gas central heating and double glazing<br />* Located in a popular rental area<br />* Let on an assured shorthold tenancy (AST)<br />2.6 Uxbridge Terrace, NE10 0HL<br />* 2-bedroom lower flat<br />* Let on AST<br />3.32 Bensham Crescent, NE8 2YB<br />* 2-bedroom lower Tyneside flat<br />* Let on AST<br />4.26 King Edward Street, NE8 3QP<br />* 2-bedroom lower Tyneside flat<br />* Let on AST<br /><br />Financial Summary:<br />•Total annual rental income: £27,600<br />•Fully let with tenants in situ<br />•Attractive gross yield potential<br /><br />Location Highlights:<br />•Excellent access to Newcastle city centre, A1(M), and public transport<br />•Well-established rental areas with proven demand<br />•Suitable for both first-time and seasoned investors<br /><br />For further details including tenancy schedules, EPCs, and to arrange a viewing, please get in touch.<br /><br />Serious buyers only sold as a complete portfolio.<br /><br /><b>Notice</b><br />Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Location

Address

Noble Terrace, Gateshead NE10

City

Gateshead NE10

Features and Finishes

None

Legal Notice

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