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2 bedroom terraced house for sale

Queen Street, Ashington, Northumberland, NE63

Guide Price* £37,500

Property Description

Key features

  • Mid terrace property
  • Two bedrooms
  • Modern kitchen and bathroom
  • Currently tenanted
  • Rental income of 325 pcm (3,900 pa)
  • Gross yield of 10.4%
  • Rent paid by Council
  • Good investment opportunity
  • Condensing combi boiler fitted in 2014
  • Close to amenities

Full description

The property is located centrally on Queen Street, just off Woodhorne Road on the outskirts of Ashington town centre.

Ashington, lies four miles east of Morpeth and seventeen miles north of Newcastle upon Tyne and is well placed with numerous transport links and travel options.

Ashington is one of the largest towns in Northumberland and is located in the Woodhorn and coast region. With a wide range of amenities on the doorstep including shops, restaurants, supermarkets, Wansbeck hospital and schooling for all ages.

This two bedroom mid terrace property, having accommodation spread over two floors, currently let, is an ideal ready made investment. The internal accommodation comprises fitted kitchen and bathroom, living room and two bedrooms.

Externally the property benefits from a rear yard.

We understand the property has mains gas, electric, water and drainage.

Investment Analysis
The property is currently tenanted and is achieving 325 per calender month (3,900 per annum). Representing a gross yield of 10.4%.

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2016/17) is 1,118.78.

Please note an inspection of this property has not been undertaken.

More information from this agent

Listing History

Added on Rightmove:
14 September 2016

Map & Street View

Disclaimer - Property reference queenstreet15. The information displayed about this property comprises a property advertisement. 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 John Pye Property, Nottingham . 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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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.

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