Investment Opportunity: Three Self-Contained Flats Sold Together! 1 x 3 bed & 2 x 2 beds - all currently tenanted to longstanding tenants with a combined annual rental income of £21,660!

A rare opportunity to acquire three self contained flats, sold as a single lot, providing an excellent income producing investment. All flats are arranged on one floor, with separate access via a shared lobby. Flat 1: Sitting/dining room, kitchen, two bedrooms, bathroom, and dressing area – currently let at £650 pcm, £7,800 annually Flat 2: Sitting/dining room with kitchen area, two bedrooms, bathroom, and en-suite – currently let at £560 pcm, £6,720 annually Flat 3: Sitting/dining room, kitchen, two bedrooms, bathroom, and dressing area – currently let at £595 pcm, £7,140 annually Total annual rental income: £21,660 Located in the village of Throckley, on the western outskirts of Newcastle upon Tyne, the property benefits from excellent transport links. The A69 and A1 Western Bypass are nearby, and regular bus services provide easy access to the city centre, making this a convenient, well connected location for tenants. This lot presents a turnkey investment with immediate rental income and strong potential for future growth.

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Newcastle upon Tyne City Council

Solicitors

Clarke Mairs, 1 Hood St, Newcastle upon Tyne NE1 6JQ, Ref: Clarke Mairs, Tel: 0191 245 4737

Offered in association with

Your Move Chris Stonock

Additional Fees

Administration Charge - £3600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.