Alma Place, North Shields, Tyne and Wear, NE29 0LZ
Size: 325 sqm
Purchase price
£625,000
Size: 325 sqm
Tenanted
Gross rent | £28,800 |
Service charge | £3,905 |
Lettings fees | £2,765 |
Net income | £28,800 |
Gross yield | 4.61% |
Net yield | 4.61% |
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Excellent fully refurbished block of apartments, finished to a high spec. Enquire today to avoid disappointment.
TENANTED INVESTMENT PROPERTY - NOT SUITABLE FOR OWNER-OCCUPIERS
This fantastic, unique and stunning conversion of a former period building has been transformed into three luxury apartments . The block offers buyers an amazing opportunity to own these three apartments, spread over the ground, first and second floor of this stunning period property. Located in the heart of North Shields nestled between Cleveland and Albion Road, residents will have excellent access to a huge variety of amenities. The property retains some of the original period features which make this apartment block so unique, including the original tiled flooring, high ceilings and fireplaces, as well as the original style windows with updated double glazing.
North Shields is a coastal town located at the mouth of the River Tyne and is the oldest and largest town in South Tyneside. It is one of the region’s most popular seaside resorts. For those not looking to for the City life it is only a 10 minute drive to beach and all it has to offer.
In the past year property prices in the North East have risen by 2.9% and in South Tyneside it is reported they have risen as much as 7.9%. Making it a perfect place to invest.
Interested in this property? Enquire today for more information
Key features
Earn instant income
Excellent location
Freehold
Block of apartments
Full refurbished
High Spec
Great transport links
Shops and amenities nearby
Freehold
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Excellent fully refurbished block of apartments, finished to a high spec. Enquire today to avoid disappointment. More info... Less info...
TENANTED INVESTMENT PROPERTY - NOT SUITABLE FOR OWNER-OCCUPIERS
This fantastic, unique and stunning conversion of a former period building has been transformed into three luxury apartments . The block offers buyers an amazing opportunity to own these three apartments, spread over the ground, first and second floor of this stunning period property. Located in the heart of North Shields nestled between Cleveland and Albion Road, residents will have excellent access to a huge variety of amenities. The property retains some of the original period features which make this apartment block so unique, including the original tiled flooring, high ceilings and fireplaces, as well as the original style windows with updated double glazing.
North Shields is a coastal town located at the mouth of the River Tyne and is the oldest and largest town in South Tyneside. It is one of the region’s most popular seaside resorts. For those not looking to for the City life it is only a 10 minute drive to beach and all it has to offer.
In the past year property prices in the North East have risen by 2.9% and in South Tyneside it is reported they have risen as much as 7.9%. Making it a perfect place to invest.
Freehold
*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.
Gross rent | £28,800 |
Service charge | £3,905 |
Lettings fees | £2,765 |
Net income | £28,800 |
Gross yield | 4.61% |
Net yield | 4.61% |
*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.
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© 2020 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.