for sale
Price £ 99,086
Reference 54240
Address Heath Street, Chesterton, Newcastle, ST5
(Map Location)
Beds 2
Baths 1
Type Terraced house
Tenure Freehold

Two-bedroom terraced house – BUY TO LET investment with charity lease

Description

• Let to a local faith-based charity under an existing lease

• Current rent of £578 per month (£6,936 per year), approximately 7% gross yield at the asking price

• £538 pcm after the £40 monthly company service charge, before other costs. The charge includes maintenance but

excludes age-related replacements.

• Two bedrooms and two reception rooms

• One bathroom

• Gas central heating with combi boiler

• uPVC double glazing

• Paved yard

• On-street parking, subject to availability

• EPC rating D

View the EPC for this property


Features

  • Central heating
  • Double glazed
  • Garden

Map Location