Sold STC
Guide Price £83,000

2 bed ground floor flat for sale in Brighton Road, Gateshead (ref: RS0319)

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Key features

  • Investment Opportunity
  • Rent from Day 1
  • Tenant In Situ
  • Popular Location
  • Enclosed Rear Yard
  • Fitted Bathroom
  • On-Street Parking
Welcome to Brighton Road. This property is a comfortable two-bedroom, one-bathroom ground floor flat on Brighton Road. Keep reading to find out what makes this property unique!


Great Investment 10% YIELD - Tenant in Situ - Rent from Day 1:

This property comes with a fantastic investment opportunity as it currently has a tenant in situ. Whether you're an experienced investor or looking to start your property investment journey, having a reliable tenant already in place provides immediate rental income and reduces any initial void periods.


No Chain:

The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth and hassle-free transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.


Laminate Flooring:

The property is decorated in with neutral laminate wood flooring. This is ideal for rental properties that experience high foot traffic as laminate flooring is known for its resistance to scratches, dents and stains. It is easy to clean and maintain, making it appealing to tenants and buyers alike, enhancing the properties appeal.


Downstairs you are greeted by a warm living room, as well as a fitted kitchen with integrated appliances including an oven and a hob. The kitchen also features room for white goods.
As the property continues, you have two bedrooms, one generous sized double bedroom, and one single bedroom. You also have a family bathroom, complete with a bath and a detachable showerhead.

Externally you have a small stepped walkway to the front of the property and on-street parking, as well as a private yard to the rear of the house.

This property enjoys a prime location with easy access to essential amenities such as shops, takeaways & schools. This property is also only a 9 minute drive from both the Metrocentre and Newcastle City Centre, and a 5 minute drive to the nearest metro station, making daily life convenient and hassle-free.

Early viewing is highly recommended.


Council Tax Band: A (Gateshead Council)
Tenure: Leasehold (964 years)
Ground Rent: £1 per year
Service Charge: £0 per year
999 years from 15 Sep 1989. 964 years remaining
Ground Rent: 1 Peppercorn per annum

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Stamp duty due

Based on a sale price of £83,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

7 Property images

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Further details

  • Status: Sold STC
  • Council tax band: A
  • Tenure: Leasehold
  • Reference: 588434

Location

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