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Atkinson Road, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8XS

PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

1

SIZE

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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

  • Three Bedroom Upper Flat
  • Tenanted Investment £9000PA
  • Close to Transport and Amenities
  • Viewing Recommended

Description

THREE BEDROOM UPPER FLAT | FANTASTIC INVESTMENT OPPORTUNITY | TENANTED INVESTMENT | ACHIEVING £750 PCM | EXCELLENT TRANSPORT LINKS | CLOSE TO LOCAL AMENITIES

Pattinson Estate Agents are pleased to welcome to the market this spacious three-bedroom upper flat, ideally situated on Atkinson Road in the popular residential area of Benwell, Newcastle upon Tyne. Offered for sale with a tenant already in place and currently generating £750 per calendar month (£9,000 per annum), this property presents a fantastic opportunity for investors looking for an established rental investment. The property offers well-proportioned accommodation throughout, comprising a comfortable lounge, kitchen, three bedrooms and a family bathroom, providing practical living space that appeals to the local rental market.

One of the property's key advantages is its convenient location. Situated just a short walk from a variety of local shops, supermarkets and everyday amenities, everything needed for day-to-day living is close at hand. The area also benefits from excellent transport connections, with regular bus services providing easy access into Newcastle City Centre and surrounding areas. A selection of local schools and other facilities are also within easy reach, adding to the property's appeal.

With an existing tenant in situ, an established rental income and a convenient location, this is an excellent opportunity to acquire an investment property in Newcastle's rental market.

Early interest is anticipated. Contact Pattinson Estate Agents today for further information or to arrange a viewing.

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 960

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.
On street
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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Atkinson Road, Benwell, Newcastle upon Tyne, Tyne and Wear, NE4 8XS

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Affordability

Monthly repayments£428
Property: £ 85,000
Deposit: £ 8,500
Interest rate: 5.35%
Term: 30 years
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About Pattinson Estate Agents, West Road

158 West Road, Fenham, Newcastle Upon Tyne, NE4 9QB
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Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency.

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Disclaimer - Property reference 523639. 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 Pattinson Estate Agents, West Road. 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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