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2 bedroom ground floor flat

Virtual tour
Ground floor flat
2 beds
1 bath
721 sq ft / 67 sq m
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 999 yrs left
Ground rent£1 per annum | review period: unconfirmed
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (999 years remaining)
  • Enclosed Rear Yard
  • EPC Rating C
  • Fireplace
  • Investment Potential
  • Rental Demand
  • Buy to Flip Investment

Video tours

Welcome to South Parade. This property is a two-bedroom, one-bathroom ground floor flat on South Parade. Keep reading to find out what makes this property unique!

Buy to Flip Potential:

With the right vision and execution, this property could provide a lucrative return on investment using a buy-to-flip strategy.

Prime Location: Close to Heworth Metro Station:

This property also enjoys a prime location with easy access to essential amenities as well as being a 17 minute drive from Newcastle City Centre. It is also only a 5 minute drive to Heworth metro station making daily life convenient and hassle-free.

High Rental Demand:

This property has strong rental demand in the area, with potential of an 11% yield, making it an excellent option for long-term rental investment opportunities.

As you walk through the property, you are greeted by a bright living room with a feature fireplace. The galley kitchen provides space for appliances as well as having an integrated hob and extractor fan.

In this property there are two bedrooms, one spacious double bedrooms, and one single bedroom. You also have one family bathroom, complete with a bath and a walk in shower.

Externally you have on street parking to the front of the property.

This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities.

Early viewing is highly recommended.

Tenure: Leasehold (999 years)
Ground Rent: £1 per year
Peppercorn rent - £1PA

Property information from this agent

About this agent

NGU Homes - Gateshead Sales
NGU Homes - Gateshead Sales
469-471 Durham Road Low Fell, Gateshead NE9 5EX
0191 499 9292
Full profileProperty listings
Selling your home, or an investment property, is a huge opportunity to gain a life-changing amount of money and at NGU Homesales & Lettings we do not
take that opportunity lightly; there's no easier way to make an extra £10,000+, tax-free! An estate agent will traditionally value your property and sell it to the
first person who offers something close to the asking price and then manage the sale smoothly to completion... Sounds okay right? It is, but we think our
main job is to maximise the price we can get for you, why? - If you were selling anything else, would you sell it for less than it's worth? - It's the ... Show more
... Show more

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