Investment Opportunity

Available for sale is this pair of flats located in Fenham.

The flats are being sold as a going concern, with all fixtures, fittings and appliances included in the sale.

Both flats are currently tenanted with professionals until July and August 2025. The current owner is looking to relet these properties before completion of a sale potentially, pending on timescale, on 12 month tenancies.

Each flat holds the necessary rental licences.

Each flat has their own entrance. The accommodation to the ground floor flat briefly comprises of entrance leading to lounge/kitchen, bin store, two bedrooms and bathroom. To the first floor flat is an entrance with stairs leading to first floor landing, lounge/kitchen, three bedrooms and bathroom.

The properties are situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69.   They are also within ideal distance of the local colleges and universities.

Early viewing is recommended.

Council Tax Band:  A for each flat
EPC Rating:  C for each flat

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

The property benefits from double glazing throughout. 

MINING
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  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 Adviser.