Rawling Road, Gateshead, Tyne and Wear
- PROPERTY TYPE
Flat
- BEDROOMS
5
- BATHROOMS
2
- SIZE
694 sq ft
64 sq m
- 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
Key features
- Two self contained flats on Rawling Road
- Combined five bedrooms
- £20,400 annual rental income
- 10.20% gross rental yield
- Spacious two bedroom ground floor flat
- Generous three bedroom upper flat
- Stylish navy fitted kitchens
- Modern, well presented bathrooms
- Private rear yards to both flats
- Street parking, with close proximity to transport links and local shops
Description
The property comprises a spacious two bedroom ground floor apartment and a three bedroom upper apartment, providing a combined five bedrooms across the two flats.
The ground floor apartment features a welcoming hallway leading to the main bedroom and spacious sitting/dining room. Modern laminate flooring runs through the living space, while the stylish navy kitchen with ironmongery adds a contemporary finish. A modern bathroom includes a tiled shower cubicle, WC and wash hand basin. Both bedrooms are generously sized, with the main bedroom benefiting from a charming bay window.
The three bedroom upper apartment is accessed via a private entrance and offers a spacious landing with access to all three bedrooms and the sitting/dining room. The bright lounge is well presented with neutral décor, while the matching navy kitchen provides a modern finish. The part-tiled bathroom includes a shower over bath, WC, wash hand basin and heated towel rail. All three bedrooms are generously proportioned and finished in a similar neutral style with carpeting.
Externally, both flats benefit from free on-street parking and private rear yard space, with the yards divided for exclusive use. With five bedrooms, two self contained flats, £20,400 annual rental income and a 10.20% gross rental yield, this represents an excellent opportunity for investors seeking a strong addition to their property portfolio.
Sitting/Dining Room - 4.80 x 3.78 (15'8" x 12'4") -
Kitchen - 3.49 x 2.31 (11'5" x 7'6") -
Bedroom 1 - 5.05 x 4.05 (16'6" x 13'3") -
Bedroom 2 - 4.80 x 2.38 (15'8" x 7'9") -
Bathroom - 2.04 x 1.45 (6'8" x 4'9") -
Lounge/Diner - 4.86 x 3.88 (15'11" x 12'8") -
Kitchen - 3.50 x 2.31 (11'5" x 7'6") -
Bedroom 1 - 4.30 x 3.87 (14'1" x 12'8") -
Bedroom 2 - 4.86 x 2.39 (15'11" x 7'10") -
Bedroom 3 - 2.97 x 2.40 (9'8" x 7'10") -
Bathroom - 3.05 x 1.53 (10'0" x 5'0") -
Brochures
Rawling Road, Gateshead, Tyne and Wear 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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
Rawling Road, Gateshead, Tyne and Wear
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Visit our security centre to find out moreDisclaimer - Property reference 34868739. 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 Hive Estates, Newcastle upon Tyne. 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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