Here is an excellent investment opportunity to purchase a studio apartment in a recently converted five storey student accommodation with secure entry system and concierge front desk with lift and stairs to all floors. The apartment features fully-fitted kitchen with integrated hob, microwave and extractor hood, space for small dining table and chair. There is a small study area with desk and chair and double bed with built in bedside table and cupboard. The shower room benefits from a white suite. Communal areas offer the tenant Entertainment lounge, laundry room, Gym facilities and secure bike storage. Property is let on a yearly basis by the management company and last year was let at £6,375.00 offering a superb potential yield of 15%.
See Legal Pack
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Newcastle upon Tyne City Council
Butterworths, 3 Walker Terrace, Gateshead, NE8 1EB, Ref: Rebeckah West, Tel: 01914821152
Administration Charge - £900 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.