Ideal Hands Off Investment – Newcastle Quayside For Sale

  • $88,000
  • 1 beds
  • 1 baths

This flat is in a prime location near the Newcastle Quayside and will always have strong demand from professional tenants. This is a great armchair investment offering a good long-term rental return.

  • 1 bedroom ground floor flat plus parking.
  • Market value £100,000 +
  • Lease – 125 years from 1 January 2006. 110 years remaining.
  • Service charge £2000 per year.
  • Ground rent £100 per year.
  • Currently let at £695 month.
  • Net Yield 7.2%
  • Buyers Premium payable
Price:
$88,000
Address:
51, Lime Square, City Road
Newcastle NE1 2BN
Bedrooms:
1
Bathrooms:
1
Terms:
For Sale
Property Type:
Apartment

Call 0191 369 2069 for more details

Property Location