Tenanted two bedroom apartment in Gateshead!
Description
An excellent investment opportunity to acquire a well presented two bedroom apartment situated within the popular St Vincent Court development in Gateshead. The accommodation comprises a spacious living area, fitted kitchen, two bedrooms and a bathroom, together with the added benefit of one allocated parking space. The property is currently tenanted, producing an annual rental income of £9,540, providing an attractive yield and immediate income from completion.
St Vincent Court occupies a convenient residential position with excellent access to a wide range of local amenities, including shops, supermarkets and leisure facilities. The property is well placed for transport links, with easy access to Gateshead town centre, Newcastle city centre and the A1(M), making it popular with commuters and tenants alike. Nearby attractions include the Metrocentre, Team Valley Trading Estate and the vibrant Quayside area, whilst regular bus and Metro services provide connectivity throughout the region. The location continues to experience strong tenant demand, making this an appealing addition to any investment portfolio.
Tenure: Leasehold
EPC Rating: C
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
£3600 inc VAT payable on exchange of contracts.
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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