One bedroom ground floor flat

Situated within a popular residential location, this well-presented ground floor one-bedroom flat offers an excellent opportunity for first-time buyers, downsizers or investors alike. The accommodation comprises a bright and spacious lounge, a fitted kitchen, a generously sized double bedroom and a well-appointed bathroom. Externally, the property benefits from its own private enclosed garden. This property offers comfortable, low-maintenance living throughout. Previously let at £650 per calendar month / £7,800 per annum offering an attractive 15% rental yield for a buy-to-let investor, if purchased around the current guide price. Council Tax Band A.

Tenure

Freehold

Area

Braeside is conveniently positioned in the sought-after Lobley Hill area of Gateshead, offering a wide range of local amenities including supermarkets, convenience stores, cafés, schools and healthcare facilities. The nearby Metrocentre provides an extensive selection of retail, leisure and dining options, while Newcastle city centre is just a short drive away. Excellent transport links are available with regular bus services nearby, easy access to the A1 and A184, and Dunston railway station within easy reach, making commuting throughout Tyneside and beyond both quick and convenient.

Local Authority

Gateshead Metropolitan Borough Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £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.