Auction Date Commencing on Monday 13th October at 1pm and ending 24 hours later on Tuesday 14th October at 1pm with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast2 Bedroom Upper Flat – Tenanted Investment – Popular Wallsend Location
Let to established tenant for £520pcm / £6,240 annually
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Offered at auction this two bed upper flat conveniently located close to local amenities and Wallsend Metro Station,.
The flat is currently tenanted, by a longstanding tenant and the monthly rental income of £520pcm. This offers a secure and established income stream for any investor.
The property comprises of a spacious lounge with feature fireplace, a fitted kitchen, two bedrooms, and a bathroom with white suite and shower.
This is an attractive opportunity for investors seeking a ready made buy to let with immediate rental return in a popular central location.
Tenure: LeaseholdEPC Rating: DAdministration Fee: £3600 inc VAT payable on exchange of contracts.Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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.
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