Albert Road, Jarrow
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Overview
A unique opportunity to acquire a freehold property in a highly sought-after area of Jarrow. This property comprises a commercial unit on the ground floor, currently let to a well-established business, and a spacious two-bedroom flat on the upper floor, generating steady rental income from long-term tenants.
For Investors
This property is an attractive investment due to its combination of stable rental income and its position within a busy area of Jarrow. The ground-floor commercial unit is let to a local business at a rate of £238.33PCM. The flat on the upper floor is let under an (AST) to a long-term tenant, currently generating a rental income of £475 per calendar month (PCM). There is scope for a rent review on both the shop and flat.
Jarrow has seen positive rental growth trends in recent years, making this mixed-use property a solid investment.
Key Details
Council Tax Band for flat: Band A (estimated annual cost: £1,465)
Tenure: Freehold
Brochures
Full Details- 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.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Albert Road, Jarrow
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About 10Homes, Gateshead
412 Aiden House Tynegate Precinct, Sunderland Road, Gateshead, NE8 3HU
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Visit our security centre to find out moreDisclaimer - Property reference 12519798. 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 10Homes, 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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