1 bedroom apartment

Slaley Close, Wardley, Felling, Gateshead, NE10 8TW

Size: sqm

Purchase price

£75,950

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,400
Ground rent £25
Net income £5,375
Gross yield 7.11%
Net yield 7.08%

This property will make a fantastic addition to an investor’s portfolio generating an impressive yield above 7% NET. The property is already tenanted allowing for immediate income from completion and is immaculately kept by the long-term tenant in situ, making this a truly ideal investment. The location couldn’t be better, positioned at the end of an idyllic estate in the popular area of Wardley.

Slaley Close is a wonderfully unique property benefitting from its own entrance and allocated parking space directly outside. From the front door stairs lead to the first floor consisting of lounge with large double-glazed window, modern fully-fitted kitchen, spacious double bedroom, fully-tiled shower room. and storage cupboards. The surrounding area offers all necessary every day amenities including shops, schools, pubs and restaurants, as well as being well served by excellent transport links.

Wardley is situated in the South East of Gateshead, just four miles from Newcastle, 10 miles from Sunderland, and 15 miles from Durham. Gateshead is a dynamic arts and culture hub and has expansive beautiful countryside to be explored and enjoyed. With Slaley Close being less than 30 minutes from Newcastle’s thriving city centre, the property will hugely appeal to working professionals and commuters looking for a peaceful base whilst still being a convenient distance form the city.

ATTENTION INVESTORS - DON'T MISS OUT ON THIS WONDERFUL PROPERTY YIELDING ABOVE 7% NET! Immaculately kept one bedroom maisonette with parking space, less than 30 minutes from Newcastle city centre.

Interested in this property? Enquire today for more information

Key features

Key features

Outstanding investment opportunity

Key features

Generate immediate income

Key features

Excellent rental yield above 7% NET

Key features

One bedroom maisonette

Key features

Immaculately kept by the current tenant

Key features

Allocated parking space

Key features

Long lease

Key features

Fantastic location

Key features

Less than 30 minutes to Newcastle city centre

Key features

Enquire today to find out more

ATTENTION INVESTORS - DON'T MISS OUT ON THIS WONDERFUL PROPERTY YIELDING ABOVE 7% NET! Immaculately kept one bedroom maisonette with parking space, less than 30 minutes from Newcastle city centre. More info...

This property will make a fantastic addition to an investor’s portfolio generating an impressive yield above 7% NET. The property is already tenanted allowing for immediate income from completion and is immaculately kept by the long-term tenant in situ, making this a truly ideal investment. The location couldn’t be better, positioned at the end of an idyllic estate in the popular area of Wardley.

Slaley Close is a wonderfully unique property benefitting from its own entrance and allocated parking space directly outside. From the front door stairs lead to the first floor consisting of lounge with large double-glazed window, modern fully-fitted kitchen, spacious double bedroom, fully-tiled shower room. and storage cupboards. The surrounding area offers all necessary every day amenities including shops, schools, pubs and restaurants, as well as being well served by excellent transport links.

Wardley is situated in the South East of Gateshead, just four miles from Newcastle, 10 miles from Sunderland, and 15 miles from Durham. Gateshead is a dynamic arts and culture hub and has expansive beautiful countryside to be explored and enjoyed. With Slaley Close being less than 30 minutes from Newcastle’s thriving city centre, the property will hugely appeal to working professionals and commuters looking for a peaceful base whilst still being a convenient distance form the city.

  • Key features
    Tick Desktop Outstanding investment opportunity
    Tick Desktop Generate immediate income
    Tick Desktop Excellent rental yield above 7% NET
    Tick Desktop One bedroom maisonette
    Tick Desktop Immaculately kept by the current tenant
    Tick Desktop Allocated parking space
    Tick Desktop Long lease
    Tick Desktop Fantastic location
    Tick Desktop Less than 30 minutes to Newcastle city centre
    Tick Desktop Enquire today to find out more
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,400
Ground rent £25
Net income £5,375
Gross yield 7.11%
Net yield 7.08%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.