Two-Bedroom Mid-Terrace Investment Property – Let at £475 PCM.
Description
A two-bedroom mid-terrace house located in the coastal village of Lynemouth, offering an excellent ready-made investment opportunity with tenants already in situ.
The property is currently let at £475 per calendar month (£5,700 per annum) and benefits from off-road parking along with a generous rear garden, making it an attractive long-term rental property.
Internally, the accommodation briefly comprises an entrance hallway, living room, and kitchen to the ground floor, with two bedrooms and a family bathroom to the first floor. The property also benefits from double glazing and gas central heating (subject to confirmation).
Externally, the property offers off-road parking to the front and a large enclosed garden to the rear, providing outdoor space rarely found with similar terrace properties.
Lynemouth is a popular coastal village with good access to Ashington, Morpeth and the wider Northumberland coastline, and offers local amenities, transport links and employment centres nearby.
This property will appeal to buy-to-let investors seeking an income-producing asset from day one.
Key Features
•{tab}Two-bedroom mid-terrace house
•{tab}Tenants in situ paying £475 PCM (£5,700 per annum)
•{tab}Established rental investment
•{tab}Off-road parking
•{tab}Large rear garden
•{tab}Gas central heating and double glazing (TBC)
•{tab}Popular residential location
Tenure: Freehold
Council Tax Band: A
Tenure: Freehold
EPC Rating: E
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
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