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Combe Drive, Newcastle Upon Tyne, NE15

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

528 sq ft

49 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.
Floorplan 1
1

Key features

  • Tenants In Place
  • Buy To Let Investment
  • INVESTMENT OPPORTUNITY
  • POTENTIAL RENT £615/PCM
  • POTENTIAL YIELD 8.2%

Description

Exceptional Ground Floor 2-Bed Flat - Perfect for Investors!

This well-presented ground-floor 2-bedroom flat offers a fantastic opportunity for investors seeking solid rental returns. Currently tenanted at £550pcm with potential to increase to £615pcm, this property represents an excellent investment with scope for growth.

Key Features

Spacious Layout: The floorplan boasts a well-utilized 49 sqm (528 sq ft) of internal space. The lounge diner (10'6" x 14'3") provides a generous living area, perfect for tenants seeking comfort and versatility.
Modern Bedrooms: Two well-proportioned bedrooms, including a master bedroom (12'3" x 9'9") and a second bedroom (8'7" x 6'7"), ideal for small families or professional sharers.
Functional Kitchen and Bathroom: A compact yet practical kitchen (7'8" x 8'10") with ample storage, and a modern bathroom complete the interior.
Ground Floor Convenience: Easily accessible, making it appealing to a broad tenant base.
Investment Highlights

Tenancy in Place: Already generating income at £550pcm, with potential to grow rental yield.
Strong Capital Value: Current market value estimated at £85-90k, offering great affordability and potential capital appreciation.
Leasehold Benefits: 125 years remaining with no service charge or ground rent, minimizing ownership costs.
Compliance Assured: All legal and compliance certificates are up to date, ensuring a hassle-free purchase.
Situated in a desirable location, this property is an investor's dream. With its attractive price point and excellent rental prospects, it won't be on the market for long. Whether you're expanding your portfolio or entering the buy-to-let market, this flat offers exceptional value and returns.

Act fast - properties like this don't stay available for long!
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.
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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

Combe Drive, Newcastle Upon Tyne, NE15

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Recently sold & under offer
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About Sell Your Tenanted Property, Rutherglen

Suite 4, Aspire Business Centre, Farmeloan Road, Rutherglen, Glasgow, G73 1DL

At SellYourTenantedProperty.com, we are dedicated to creating seamless transitions in the investment property market. Our speciality lies in facilitating the sale of properties that are

currently occupied by tenants, directly to interested landlords.

This unique focus allows both sellers and buyers to enjoy the benefits of a transaction that respects the continuity of tenancy, ensuring that investment properties continue

generating income without interruption. With a deep understanding of the intricacies involved in tenanted real estate, we provide expert guidance through the entire sales

process, from valuation to closing. Whether you're looking to expand your portfolio with income-producing properties or aiming to sell your tenanted asset, SellYourTenantedProperty.com is your trusted partner in achieving your real estate investment goals.

Your mortgage

Per year
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Choose between 1 and 40 years
Years
%
Monthly repayments
£419
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Disclaimer - Property reference ShauncookProperty. 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 Sell Your Tenanted Property, Rutherglen. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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