2 bedroom terraced house for saleQueen Street, Ashington, Northumberland, NE63
Guide Price* £37,500
- Mid terrace property
- Two bedrooms
- Modern kitchen and bathroom
- Currently tenanted
- Rental income of £325 pcm (£3,900 pa)
- Gross yield of 10.4%
- Rent paid by Council
- Good investment opportunity
- Condensing combi boiler fitted in 2014
- Close to amenities
The property is located centrally on Queen Street, just off Woodhorne Road on the outskirts of Ashington town centre.
Ashington, lies four miles east of Morpeth and seventeen miles north of Newcastle upon Tyne and is well placed with numerous transport links and travel options.
Ashington is one of the largest towns in Northumberland and is located in the Woodhorn and coast region. With a wide range of amenities on the doorstep including shops, restaurants, supermarkets, Wansbeck hospital and schooling for all ages.
This two bedroom mid terrace property, having accommodation spread over two floors, currently let, is an ideal ready made investment. The internal accommodation comprises fitted kitchen and bathroom, living room and two bedrooms.
Externally the property benefits from a rear yard.
We understand the property has mains gas, electric, water and drainage.
The property is currently tenanted and is achieving £325 per calender month (£3,900 per annum). Representing a gross yield of 10.4%.
The property is rated in Council Tax Band A. Council Tax payable (2016/17) is £1,118.78.
Please note an inspection of this property has not been undertaken.
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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 John Pye Property, Nottingham on 0115 970 6060.
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