Witton Court, Washington

£65,000
  • Ref: 11163
  • Type: Apartment
  • Availability: For Sale
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold
  • Make Enquiry
    • Make Enquiry
    • View EPC

    Property Features

    • 5 Year Lease in place
    • £7,404pa
    • 8.8% Yield Net
    • Leasehold 84 Years Remain
    • Council Tax A
    • EPC D

    Property Description

    NEPI has secured an excellent off-market leasehold property to our valued clients. This investment opportunity comes with a government-backed 5-year lease, providing you with an outstanding chance to acquire a property that offers both competitive and consistent income. The annual gross rent is fixed at £7,404, delivering an impressive gross yield of 10%.
    This property has undergone a recent refurbishment and currently has tenants in place, ensuring immediate income and a hassle-free investment experience. The layout includes three bedrooms, a spacious lounge, a well-equipped kitchen, and a modern bathroom. Additionally, it benefits from a brand-new combi boiler and energy-efficient double-glazed windows.

    ...

    Contact Us

    Address
    North East Property Lettings & Management Ltd
    11 Riverside Studios
    Amethyst Rd
    Newcastle Upon Tyne
    Tyne and Wear
    NE4 7YL

    Working With