5 bedroom flat for sale

Colston Street, Newcastle Upon Tyne, NE4

£50,000

Property Description

Key features

  • 13% yield at asking price
  • 2 bedroom ground flat & 3 bedroom upper floor flat
  • Double glazing and gas central heating
  • PAIR OF FLATS FOR 100,000

Full description

Tenure: Freehold

13% YIELD! This excellent pair of flats is for sale as a buy-to-let opportunity OFFERING AN AMAZINGLY HIGH YIELD. Consisting of a 2 bedroom ground floor flat and a 3 bedroom upper flat with a shared yard to the rear. Both properties are offered with a single freehold title and high demand is anticipated.

Rental income being achieved on the lower flat is 6240 per year and rent on the upper is 6760.

The property briefly comprises of the following;

GROUND FLOOR

Living Room
Window to the rear overlooking the rear yard, wood effect flooring, radiator and a ceiling light.

Kitchen
Door and window to the side overlooking the rear yard, fitted wall and base units with work surfaces, inset stainless steel sink and drainer and a mixer tap. Tiled floor, part tiled walls and a ceiling light.

Family Bathroom
White three piece suite comprising of a pedestal hand wash basin, low level WC and a paneled bath with a shower head. Part tiled walls and tiled floor. Radiator and a ceiling light.

Master Bedroom
Window to the front, decorative picture rail on walls, radiator, wood effect flooring and a ceiling light.

Bedroom Two
Window to the rear overlooking the yard, wood effect flooring, radiator and a ceiling light.

FIRST FLOOR
Living Room
Window to the rear overlooking the yard and doors leading to the kitchen and landing. Radiator, wood effect flooring and a ceiling light.

Kitchen
Door to the rear and windows to the side and the rear. Part tiled walls and tiled floor. Fitted base units with work surfaces and an inset stainless steel sink with a drainer area and a mixer tap. Space for a cooker and plumbing for a washing machine.

Family Bathroom
White three piece suite comprising of a pedestal hand wash basin, low level WC and a paneled bath with a shower over. Part tiled walls and tiled flooring. Radiator and a ceiling light.

Master Bedroom
Window to the front overlooking the street, ceiling light and carpeted flooring.

Bedroom Two
Window to the rear, carpeted flooring, radiator and a ceiling light.

Bedroom Three
Window to the front, carpeted flooring, ceiling light and radiator.

EXTERNAL SPACE
Shared rear yard with gated access to the back lane.




Listing History

Added on Rightmove:
28 November 2017

Nearest stations

  • MetroCentre (1.1 mi)
  • Newcastle Central (1.7 mi)
  • Dunston (1.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Octopus Property, Newcastle-upon-Tyne - Sales

500 Westgate Road, Fenham, Newcastle Upon Tyne, NE4 9BL

0191 687 0870 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • MetroCentre (1.1 mi)
  • Newcastle Central (1.7 mi)
  • Dunston (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Octopus Property, Newcastle-upon-Tyne - Sales

500 Westgate Road, Fenham, Newcastle Upon Tyne, NE4 9BL

0191 687 0870 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 119ColstonStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Octopus Property, Newcastle-upon-Tyne - Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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