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- 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
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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