Welcome to Gosforth Terrace. This property is a two-bedroom, one-bathroom Ground floor flat on Gosforth Terrace. This property presents a prime investment opportunity for investors looking to expand their portfolio. Located in the NE10 area, it offers the advantage of a secure tenancy with reliable tenants already in place. Keep reading to find out what makes this property unique!
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.
Prime Location Close to Newcastle City Centre:
Enjoying a prime location with easy access to essential amenities as well as being only a 15 minute drive from Newcastle City Centre, and 10 minute walk to Pelaw Metro Station. Its convenient position ensures the property will always attract tenants.
No Chain:
The property is offered for sale with no onward chain, streamlining the buying process and allowing for a smooth, hassle-free and most importantly quick transaction. Buyers can proceed with confidence, knowing that there are no delays or complications associated with a chain.
Downstairs you are greeted by a warm living room off the entrance hallway, featuring a lovely feature wall and fireplace, as well as a galley-kitchen with integrated appliances including oven, hob and extractor fan.
In this property, there are 2-bedrooms, one spacious double bedroom, and one single bedroom. You also have one tiled family bathroom, complete with a bath and a detachable handheld shower head.
Externally you have on-street parking to the front of the property. You also have a small shared yard to the rear of the house.
This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities. It is also only a 15 minute drive into Newcastle Town Centre, and a 10 minute walk to the nearest metro station, for easy travelling.
Early viewing is highly recommended.
Council Tax Band: A (Gateshead Council) Tenure: Leasehold (974 years) 999 from 1999
Stamp duty due
Based on a sale price of £75,000 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.