2 bedroom flat for saleWestgate Road, Westgate Hill, NE4
Guide Price* £70,000
- INVESTMENT PROPERTY
- Tenanted until Sept 2017
- £7,459 Annual Income
- 7.4% Gross Yield
- Mid Floor Flat
- Two Double Bedrooms
- Gas Central Heating
- Close to City Centre
- On Street Parking
- EPC Rating D
Full descriptionFOR SALE BY AUCTION ON 21ST FEBRUARY 2017 AT RAMSIDE HALL HOTEL, COUNTY DURHAM, DH1 1TD
EASY ACCESS TO CITY CENTRE // TENANTED UNTIL SEPTEMBER 2017 // 7.4% GROSS YIELD
Westgate Road, Westgate Hill - Two bedroom investment property in Westgate Hill ideally situated for access to Newcastle city centre. This mid floor flat comprises a lounge, kitchen, two double bedrooms and bathroom. The property is currently tenanted until September 2017 producing an income of £7,459.13pa and 7.4% gross yield.
Location - Westgate Hill is located close to Newcastle City Centre and Newcastle University Business School. There is access to bars, restaurants, shops including intu Eldon Square shopping centre, museums, entertainment venues and transport links including Newcastle train station.
Main Entrance - A communal entrance with stairs to the first floor. The apartment hallway comprises two flush light fittings and carpet, this provides access to the lounge, bedroom one and bathroom.
Lounge - 3.83m x 4.70m (12'7" x 15'5") - The lounge is situated to the front of the property overlooking the street comprising a wood framed single glazed window, built in storage cupboard, double central heating radiator, pendant light fitting, smoke detector and carpet.
Kitchen - 2.67m x 2.63m (8'9" x 8'8") - Accessed via the lounge, the kitchen comprises a range of timber effect wall and base units, tiled splash back, plumbing for automatic washing machine and gas hob/electric oven. There is a stainless steel sink and drainer, chrome effect light fitting and vinyl flooring.
Bedroom One - 4.25m x 2.63m (13'11" x 8'8") - Double bedroom situated to the rear comprising a wood framed single glazed window, double central heating radiator, pendant light fitting, smoke detector and carpet.
Bedroom Two - 2.68m x 2.55m (8'10" x 8'4") - Double bedroom situated to the front comprising a wood framed single glazed window, double central heating radiator, pendant light fitting and carpet.
Bathroom - The bathroom is situated to the middle of the property comprising an electric shower over panelled bath, pedestal hand wash basin, WC, central heating radiator, flush light fitting, part tiled walls and vinyl flooring.
External - Externally there is on street parking available.
Epc Rating D -
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Walton Robinson, Newcastle Upon Tyne on 0191 6497 008.
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