Pair of flats, Vine Street, Wallsend

  • £100,000 Offers Over
  • 5 bedrooms
  • 2 bathrooms

Sold STC

  • Pair of Tyneside flats for sale
  • 3 bed upper and 2 bed lower
  • Lower flat is let at £450 per month
  • Upper flat is on the market at £475 per month
  • Potential gross yield of 11.1%
  • Fantastic value buy to let opportunity with income of £11,100 pa
  • Double glazed throughout
  • Modern kitchens and bathrooms
  • Gas central heating in both
  • Private rear yard with lane access
  • Property type: House
  • Property ref: 15280936
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About this property

Hive Estates presents an opportunity to purchase a pair of Tyneside flats on Vine Street, tenanted with a rental income of £11,100 per year and a gross yield of 11.1%. Offered to purchase unfurnished with white goods in both, there's a modern kitchen and bathroom within each property.

The lower flat is a 2 bed with modern kitchen, a spacious living room with laminate flooring and two bedrooms currently achieving £450 per month from a current tenant. The bathroom has a bath and overhead shower with concertina glass screen and there's double glazing with gas central heating. The upper flat is a 3 bed, freshly decorated and newly carpeted with a spacious living room and laminate flooring, and three bedrooms. It has a modern kitchen with white goods and an integrated oven, hob and extractor, the same as the lower flat. There's a shared yard to the rear and this flat is currently up for let at £475 per month. This is a freehold purchase of two Tyneside flats and they will be sold tenanted.

2 bedroom ground floor flat

Kitchen, two bedrooms, living room, bathroom and rear yard access

3 bedroom first floor flat

Kitchen, three bedrooms, living room, bathroom and rear yard access

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