Charnwood Gardens

Pure Investor brings to the market this two-bedroom, first-floor apartment for sale in the Sheriffs Hill area of Gateshead. The apartment comprises of large spacious carpeted living room, which benefits from the large bay window and natural light. Two double bedrooms which are both carpeted. Fitted kitchen with integrated appliances. Modern family bathroom with bath/shower, sink and toilet vanity unit. The apartment has the added benefit of owning the rear garden space and parking to the front.

INVESTMENT INFORMATION

• Offers over: £125,000.00
• Tenure: Leasehold (968 years remaining)
• Ground rent: None  
• Service charge: None
• Current rental income: £675.00pcm (£8,100.00 per annum)
• Net yield: 6.5%
• The property is currently tenanted.
• Potential rental income: £795.00pcm (£9,540.00 per annum)
• Potential yield: 7.6%
• Parking space at the front of the property
• The rear garden space included

Charnwood Gardens - Key Points

Location

Gateshead, United Kingdom