Parliament Street, Hebburn, NE31
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
678 sq ft
63 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
- INVESTMENT OPPORTUNITY
- TENANT IN SITU
- 8.4% GROSS RENTAL YIELD
- ESTABLISHED TENANCY
- FREEHOLD
- GAS CENTRAL HEATING
- DOUBLE GLAZING
- POPULAR HEBBURN LOCATION
- CLOSE TO LOCAL AMENITIES
- IDEAL BUY-TO-LET INVESTMENT
Description
With an asking price of £100,000, the property currently provides an attractive gross rental yield of approximately 8.4%, making it an appealing opportunity for landlords and investors looking to acquire an established rental property with income already being generated.
The accommodation is arranged over two floors. The ground floor comprises an entrance hall, lounge, separate fitted kitchen and bathroom. To the first floor are two bedrooms and a landing.
Internally, the property offers practical and well-proportioned accommodation, with a fitted kitchen incorporating a range of wall and base units, work surfaces, sink, cooking facilities and space for appliances. The bathroom is fitted with a white suite comprising bath, WC and wash hand basin.
The property benefits from gas mains heating, mains electricity, water and drainage, and is offered on a freehold basis. The accommodation extends to approximately 678 sq. ft.
Located in Hebburn, the property is conveniently positioned for access to local shops, amenities and transport connections, with surrounding areas including Jarrow, South Shields, Gateshead and Newcastle upon Tyne readily accessible.
The property is being sold with the existing tenancy in situ and is therefore particularly suited to buy-to-let investors. The established tenancy provides the purchaser with the benefit of acquiring an income-producing investment without the need to source a new tenant immediately following completion.
**PHOTOS WERE TAKEN PRIOR TO THE CURRENT TENANCY AND MAY NOT REFLECT THE PROPERTY’S CURRENT CONDITION OR PRESENTATION.**
Brochures
Parliament Street, Hebburn, NE31- 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.
- On street
- 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
Parliament Street, Hebburn, NE31
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 34929764. 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 Hunters, Newcastle. 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.