£45,000
2 bedroom flat for sale
Tyne and Wear, NE28
flat 
2 bedrooms Property description
* CASH BUYERS ONLY *
This two-bedroom property on Brinkburn Street, Wallsend presents an excellent opportunity for investors looking to add value. Currently in need of refurbishment, this project could deliver an impressive 12% gross rental yield upon completion, making it an attractive proposition for those seeking a lucrative investment project.
The property's layout includes a spacious lounge, compact kitchen awaiting modernization, two well-proportioned bedrooms, and a bathroom ripe for renovation. The private rear yard measuring approximately 23'0" x 19'8" offers excellent outdoor space and further potential to create an attractive garden area that would appeal to future tenants.
Located in Wallsend, the property benefits from good local amenities including shops, schools, and leisure facilities. The property is within easy reach of Wallsend town center and offers convenient access to Newcastle city center. Transport links in the area include regular bus services and Wallsend Metro station providing connections throughout Tyne and Wear.
This property represents a blank canvas for investors to transform into a profitable rental property. With the potential for a substantial 12% rental yield following refurbishment, we strongly recommend early viewing to appreciate the opportunity this property presents.
This two-bedroom property on Brinkburn Street, Wallsend presents an excellent opportunity for investors looking to add value. Currently in need of refurbishment, this project could deliver an impressive 12% gross rental yield upon completion, making it an attractive proposition for those seeking a lucrative investment project.
The property's layout includes a spacious lounge, compact kitchen awaiting modernization, two well-proportioned bedrooms, and a bathroom ripe for renovation. The private rear yard measuring approximately 23'0" x 19'8" offers excellent outdoor space and further potential to create an attractive garden area that would appeal to future tenants.
Located in Wallsend, the property benefits from good local amenities including shops, schools, and leisure facilities. The property is within easy reach of Wallsend town center and offers convenient access to Newcastle city center. Transport links in the area include regular bus services and Wallsend Metro station providing connections throughout Tyne and Wear.
This property represents a blank canvas for investors to transform into a profitable rental property. With the potential for a substantial 12% rental yield following refurbishment, we strongly recommend early viewing to appreciate the opportunity this property presents.
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First listed
YesterdayTyne and Wear, NE28
Marketed by
Sold.co.uk - London First Floor, 50 St Mary Axe London EC3A 8FRCall agent on 020 3641 8830
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tyne and Wear, NE28 - Streetview
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