Hugh Gardens, Benwell, Newcastle Upon Tyne

£140,000
Sold STC
Hugh Gardens 162 & 164 Newcastle Upon Tyne NE4 8PQ UK
Hugh Gardens, Benwell, Newcastle Upon Tyne
Hugh Gardens 162 & 164 Newcastle Upon Tyne NE4 8PQ UK
  • £140,000

Features

  • 5
  • 2
  • 2
  • Council Tax Band: A
  • EPC rating E
  • First floor flat - 3 bedrooms
  • Freehold
  • Ground floor flat - 2 bedrooms
  • Investment opportunity
  • Pair of flats
  • Rear Yard

Description

Investment Opportunity

Offered for sale with tenants in place is this pair of flats located in Benwell. The ground floor flat briefly comprises of hallway, lounge, kitchen, two bedrooms and bathroom. To the first floor flat is entrance leading to first floor landing, lounge, kitchen, inner hallway, bathroom and three bedrooms. Externally there is a small paved area to the front and yard to the rear.

We have been advised that the ground floor rent currently achieves a rent of £525 per month, the tenancy commenced in April 2014, and the first floor achieves a rent of £650pcm, this is a 6 month assured short hold from 30th January 2024. We have not had sight of the tenancy agreements.

The property benefits from gas central heating and double glazing throughout.

Early viewing is recommended.

The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.

PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating:  Gas 
Broadband:  Fibre
Mobile Signal Coverage Blackspot: No
Parking: On Street

MINING
It is not known if the property is situated on a coalfield.  It is also not known if the property has been directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.

TENURE
It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Advisor

Council Tax Band:  A
EPC Rating:  Ground Floor Flat – TBC, First Floor Flat – C

Downloads

Property Documents

Energy Performance Certificate
Brochure

Overview

  • Residential
  • Property Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms

Compare listings

Compare

Free Valuation

Our team of specialists will advise you on the real value of your property. Click here. You will be redirected to a third party website.

Previous Next
Close
Test Caption
Test Description goes like this

Register on our database

If you are looking to buy a property, register your details here.

We will send you properties that match your requirements as soon as they come to market. Direct to your inbox.

By submitting the data capture form, you acknowledge that your data will be processed by Rook Matthews Sayer for the purposes of providing the service and/or product you have requested. Full details of how we may process your data further can be found in our Privacy Notice on our website.