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Holly Avenue, Winlaton Mill, Blaydon-on-Tyne

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes 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

  • NO CHAIN
  • IDEAL INVESTMENT OPPORTUNITY
  • CURRENTLY TENANTED AT £700 PCM
  • SOLD WITH SITTING TENANT
  • LOUNGE
  • TWO BEDROOMS
  • FIRST FLOOR BATHROOM
  • GARDENS FRONT AND REAR

Description

An ideal ready-made investment opportunity for landlords looking to expand their rental portfolio.
The accommodation briefly comprises an entrance hall, lounge and kitchen to the ground floor, with two bedrooms and a bathroom to the first floor. The property would benefit from some cosmetic updating, offering an incoming purchaser the opportunity to make improvements and personalise the accommodation to their own requirements, subject to the existing tenancy arrangements.
Externally, the property benefits from gardens to both the front and rear, providing useful outdoor space.
The property is situated in Winlaton Mill, a residential area within easy reach of the neighbouring villages of Winlaton and Blaydon. A range of local amenities can be found nearby, including convenience stores, supermarkets, cafés, takeaways and other everyday shopping facilities. The nearby Blaydon area offers further retail and leisure amenities, including larger supermarkets and a wider selection of shops and services.
The area is well served by local schools, with Parkhead Community Primary School and other primary and secondary education facilities available within the surrounding area. Public transport links provide access to neighbouring communities and Newcastle upon Tyne, while Blaydon railway station offers additional connections for commuters.
For those who enjoy the outdoors, the nearby Derwent Walk Country Park and Derwenthaugh Country Park provide opportunities for walking, cycling and enjoying the surrounding green spaces. The location therefore offers a combination of local convenience, transport connections and access to outdoor recreation.
Currently generating £700 per calendar month, equivalent to £8,400 per annum, this property presents an attractive opportunity for investors seeking an established rental property with a tenant already in situ. With scope for cosmetic improvement and gardens to the front and rear, the property offers potential for an investor looking to acquire a buy-to-let property in an established residential location.
Early viewing is recommended to appreciate the accommodation and investment potential on offer.
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.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ground floor

Energy performance certificate - ask agent

Holly Avenue, Winlaton Mill, Blaydon-on-Tyne

Approximate location

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Affordability

Monthly repayments£475
Property: £ 95,000
Deposit: £ 9,500
Interest rate: 5.3%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About My Property Box, Jesmond

Acorn Road, Jesmond, Newcastle Upon Tyne, NE2 2DJ

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Disclaimer - Property reference 328cbdd9-5f12-4515-8e43-8d4e663084d6:dbf5c581-f0e1-43f1-afaf-f24e2de040bb. 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 My Property Box, Jesmond. 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.
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