21 bedroom property for sale
Newcastle Upon Tyne, NE1
property
bedrooms
Property photos
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Property description
INVESTMENT OPPORTUNITY! Fully let block of 18 apartments in Newcastle City Centre.The block comprises 4no. studio apartments, 11no. 1 bedroom apartments and 3no. 2 bedroom apartments.Ideal for student and professional tenants, the block has a central location close to Newcastle Central Station, Life Science Centre, Newcastle Helix and Newcastle University's Business School.This investment boasts a total gross rental income of ?143,940pa for the 2023-24 academic year, with an ERV of ?155,592pa for 2024-2025.Leasehold - 999 years from 01/01/2011Ground Rent - One PeppercornService Charge - ?1,892.62 (Inc. VAT) per quarterCouncil Tax Band - Various
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First listed
Over a month agoNewcastle Upon Tyne, NE1
Marketed by
Seekers 101 Percy Street,Newcastle upon Tyne,NE1 7RYCall agent on 0191 243 1000
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Monthly repayment
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Newcastle Upon Tyne, NE1 - Streetview
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