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Burnway, Washington

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

560 sq ft

52 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Fitted Bathroom
  • Investment Opportunity
  • Long Term Tenant in Situ
  • No Onward Chain

Description

Welcome to Burnway. This property is a well-presented two-bedroom, one-bathroom upper flat on Burnway, Washington, NE37. Keep reading to find out what makes this property unique!

Rent From Day 1- Tenant in Situ with 10% Yield:

This property comes with a fantastic investment opportunity as it currently has a tenant in situ. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income and reduces any initial void periods

Popular Location:

This property enjoys a prime location with easy access to essential amenities. Its convenient position ensures the property will always attract tenants.

No Chain:

The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth and hassle-free transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.


As you walk upstairs you are greeted by a spacious living room that includes a built-in fireplace which becomes a lovely focal point for the room. The built-in kitchen also features in-built appliances such as an oven, hob, and an extractor fan.

There are 2 bedrooms, both generous-sized doubles with fitted storage. You also have a fitted bathroom which includes a bath with a detachable overhead shower.

Externally, you have a communal green space with a walkway to the front of the property, as well as on-street parking and a separate single garage.

This house is located near many local amenities such as the Galleries Shopping Centre, schools, shops, takeaways, other everyday necessities, and it is only a 12-minute drive to the nearest metro station.


Early viewing is highly recommended.

Council Tax Band: A (Sunderland City Council)
Tenure: Leasehold (90 years)
Ground Rent: £500 per year

Brochures

Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Burnway, Washington

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Recently sold & under offer
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About NGU HOMES, Gateshead

469-471 Durham Road, Low Fell, Gateshead, NE9 5EX

Selling your home, or an investment property, is a huge opportunity to gain a life-changing amount of money and at NGU Homesales & Lettings we do not take that opportunity lightly; there's no easier way to make an extra £10,000+, tax-free!

An estate agent will traditionally value your property and sell it to the first person who offers something close to the asking price and then manage the sale smoothly to completion...

Sounds okay right?

It is, but we think our main job is to maximise the price we can get for you, why?

- If you were selling anything else, would you sell it for less than it's worth?

- It's the easiest way to get a life-changing amount of money, all tax-free.

- It could be the difference between you getting your dream home or having to wait.

- If you're looking to retire, every extra £1,000 counts.

Whatever the reason, we take maximising your return incredibly seriously.

Our mission is to generate long-term wealth for our customers, and this is your biggest opportunity to do so. That's why we prefer a modern way of selling:

Within 7 days of your property being listed, we will launch it by:

- Advertising it on the major portals - Rightmove etc. to generate interest.

- Sharing your property on our social media platforms.

- Sending it to our 5,000-strong database of potential buyers.

- Within a week of the launch, we will organise a block viewing.

We believe that valuing your property competitively and launching it in this way allows us to maximise interest. By doing so it allows us to organise a block viewing which will mean:

- You'll only have to clean your house once.

- You will sell your house more quickly.

- It will create urgency amongst the interested buyers by having them view together.

- By creating competition, it also means that those interested have to react much faster and increase the likelihood of multiple offers being received.

- We can then use those multiple offers to extract the best price for you either through best and final offers or by negotiating upwards.

This is your ideal position to be in!

It's our job to get you the best price for your property to allow you to get your dream home, a bigger pension pot, or just some extra money in the bank.

Whatever the reason it's our job to NEVER GIVE UP and help you achieve it.

We also sell investment properties through our 10,000-strong investor database who are looking to buy either empty or ideally tenanted properties. Our investors generally love tenanted properties so they can get rent from day 1 so if you're struggling to sell or want to sell with a tenant in situ, to avoid the property becoming empty, let us know and we will be able to help.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£327
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference RS0313. 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 NGU HOMES, Gateshead. 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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