Fantastic investment oppurtunity sold with long term tenan in situ. Generating
a high net return.
Yieldit are pleased to offer to the market this wonderful three bedroom
terraced property producing a fantastic 7. 41% net yield. The mid terraced
property is located close by to a range local amenities and is within easy
reach to major city centre Newcastle upon Tyne.
Queen Street briefly comprises of; Spacious living area, additional reception
room, fully fitted kitchen, two well proportioned bedrooms, additional third
room used as study, one family bathroom with three piece suite and rear
enclosed back yard.
Newcastle is a property investment hotspot and an integral part of the
Northern Powerhouse, it is home to two major Universities, a thriving hub of
business where over 7000 businesses are registered and offers unbeatable
national and global transport links. Over £1. 5billion of investment is planned
over the coming few years to ensure that the city remains a place where people
want to live, work and visit so now is an excellent time to invest. Enquire
today to find out more!
**Financial Breakdown**
Gross rent: £6, 300
Net income: £6, 300
Gross yield: 7. 41%
Net yield: 7. 41%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07485

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: