North Tyneside Investment Portfolio, North Shields & Whitley Bay, Tyne and Wear, NE30 2DA
Offers Over £600,000
Apartments and Houses
9 Bedrooms
5 Bathrooms
6 Reception Rooms
Investment
Property Description
A great opportunity for any investor looking to build on their property portfolio. Made up of 5 properties that consists of 4 flats and a 2 bedroom semi-detached home in the Whitley Bay and North Shields area, all of these properties have seen consistent returns and been successful investments. The current income from all 5 properties is £30,680 per annum. The properties are located in the following areas.
Belford Terrace NE30 2DA - 3 Bed 1st floor flat.
Currently let out for £475pcm
Margaret Road NE26 2PQ - 1 Bed 1st floor flat
Currently let out for £470pcm
Margaret Road NE26 2PQ - 1 Bed ground floor flat
Currently let out for £470pcm
Brookland Terrace NE29 8EU - 2 Bed ground floor flat
Currently let out for £440pcm
Houxty Road NE25 9QN- 2 Bed semi-detached house
Currently let out for £170pw
Please get in touch with our office for further details.
Rettie Newcastle
101 St Georges Terrace, Jesmond, Newcastle, NE2 2DN
0191 3389999
newcastle@rettie.co.uk
Misrepresentations
1. The property is sold with all faults and defects, whether of condition or otherwise and neither the seller nor Rettie Newcastle LLP, the selling agent, are responsible for such faults and defects, nor for any statement contained in the particulars of the property prepared by the said agent.
2. The Purchaser(s) shall be deemed to be knowledgeable that he has not entered into contract in reliance on the said statements, that he has satisfied himself as to the content of each of the said statements by inspection or otherwise and that no warranty or representation has been made by the seller or the said agents in relation to or in connection with the property.
3. Any error, omission or mis-statement in any of the said statements shall not entitle the purchaser(s) to rescind or to be discharged from this contract, nor entitle either party to compensation or damages nor in any circumstances to give either party any cause for action.
Proof and Source of Funds/Anti Money Laundering
Under the HMRC Anti Money Laundering legislation all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds. This may include evidence of bank statements/funding source, mortgage or confirmation from a solicitor the purchaser has the funds to conclude the transaction.
All individuals involved in the transaction are required to produce proof of identity and proof of address.
This is acceptable either as original or certified documents.
More Details
Situation: Contact branch
Council Tax Band: Contact branch
Tenure: Contact Branch
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
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Looking To Sell Or Let?
Rettie is one of the most trusted and well-respected names in property. Our unrivalled market knowledge helps people from around the world buy, sell, let and develop property in Scotland and the North East of England - from city apartments and rural cottages to large townhouses and prime country homes, farms and estates. We deal with some of the most prestigious properties on the market, but provide the same exceptional standards of service and value for money to all our clients.