£59,950

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne, NE4 (ref: 516258)

Shortlist

Key Features

  • Enclosed Rear Yard
  • Great Investment
  • No Chain
  • Popular Location
  • Large Bay Window
Welcome to Hugh Gardens. This property is a welcoming two-bedroom, one-bathroom ground-floor flat in Hugh Gardens, Newcastle, NE4. Keep reading to find out what makes this property unique!

Great Investment- Tenant in Situ at 9.3% Yield:

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:

Situated in Benwell, this property is just 10 minutes from Newcastle City Centre offering a vibrant community with a range of amenities, including restaurants, shops, and activities. Its convenient position ensures the property will always attract tenants.

No Chain:

The properties are 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.

Entering the property, you are greeted by a bright living room and a well-appointed kitchen. There are two bedrooms, one large double bedroom with a beautiful bay window, and one single bedroom. You also have one family bathroom complete with a bath.

Externally there is on street parling to the front of the property and access to a shared yard to the rear which is important when looking for long-term tenants.

This flat is located near many local amenities such as schools, shops, takeaways, and other everyday necessities.

Early viewing is highly recommended.

- Two bed flat ground floor - £59,950
- Three bed upstairs flat - £64,950
- Open to offers for the pair




Council Tax Band: A (Newcastle City Council)
Tenure: Leasehold (985 years)

What this property offers

  • No Onward Chain

Stamp Duty Due

Based on a sale price of £59,950 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

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne 0

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne 1

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne 2

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne 3

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne 4

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne 5

2 bed ground floor flat for sale in Hugh Gardens, Newcastle upon Tyne 6

Further Details

  • Status: Available
  • Tenure: Leasehold
  • Tags: No Onward Chain
  • Reference: 516258

Location

Similar Priced Properties

3 bed flat for sale in Old Durham Road, Gateshead, NE8
£55,000
3 bed flat for sale in Old Durham Road, Gateshead, NE8
3 1 1

Welcome to Old Durham Road. This property is a unique three-bedroom,...
2 bed terraced house for sale in Baff Street, Spennymoor, DL16
£59,500
2 bed terraced house for sale in Baff Street, Spennymoor, DL16
2 1 1

Welcome to Baff Street. This property is a welcoming two-bedroom, one-bathroom...
2 bed flat for sale in East Hill Road, Gateshead, NE8
Offers over £59,950
2 bed flat for sale in East Hill Road, Gateshead, NE8
2 1 1

Welcome to East Hill Road. This property is a well-presented two-bedroom,...