Guide Price: £30,000 - £60,000 Current Total Rent: £950 PCM — £11,700 per annum An excellent investment opportunity — two self-contained flats offered together as one freehold lot, generating a strong combined rental income and situated in a popular residential area with reliable rental demand. Property Overview The property comprises a ground floor one-bedroom flat and a first floor two-bedroom flat, both benefiting from separate entrances and their own gas/electric supplies. Ground Floor Flat (No. 1) — currently let at £475 PCM (£5,700 per annum) -Hallway -Spacious living room (5.2m x 3.5m) -Fitted kitchen (2.6m x 2.0m) -Double bedroom (4.2m x 3.5m) -Bathroom (2.6m x 1.9m) First Floor Flat (No. 3) — currently let at £500 PCM (£6,000 per annum) -Private entrance and staircase -Living room (4.0m x 4.0m) -Fitted kitchen (2.5m x 4.0m) -Main bedroom (3.7m x 3.2m) -Second bedroom (2.6m x 3.0m) -Bathroom (2.9m x 1.5m) Investment Highlights -Combined rental income: £975 per month / £11,700 per annum -Two self-contained flats — ideal for landlords, portfolio builders, or those seeking steady rental return -Popular rental location with strong tenant demand -Close to local shops, schools, and amenities -Excellent transport links to Newcastle city centre, the Coast Road, A19 and Tyne Tunnel - No.3 benefits from under floor heating. Tenure -Freehold Auctioneer’s Note -A ready-made investment with immediate income and future capital growth potential.Tenure: LeaseholdEPC Rating: see legals

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Services

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

Additional Fees

Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

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