15% BMV 2 Bedroom in Newcastle City Centre
£127,500
Fixed Price
Property Features
- 15% below market value
- 2 spacious bedroom flat
- Near the train station
- Close to the town center
- Close to excellent schools
- Refurbishment Project
Property Summary
This is a modern 2-bedroom flat in a well sought after area with high demand. The flat is in need of a light refurb. It consists of a spacious lounge with an seperate kitchen, spacious bathroom and the town centre is only a few door steps away.
I am in contact with a letting agent who would be able to manage the property for you and make this a hands off investment. If this is of interest text/WhatsApp the office immediately.
- Off Market
- 15% below market value
- 2 spacious bedroom flat
- Light modernisation needed
- Close to the town center
- Near the train station
- Close to excellent schools
- Tenant in situ £630
- Fair market value (FMV) £145,000 - £150,000
- Service charge £2,200 per annum
- 100 year lease
- Ground rent - £50 a Year
- Refurbished £10,000
- ROI 6% (Buy to let)
- Estimated rent is £800 - £1,050
- Great location for Serviced Accommodation Nightly rates: £80 - £120
- Finder's fee: £5,000
I am in contact with a letting agent who would be able to manage the property for you and make this a hands off investment. If this is of interest text/WhatsApp the office immediately.