DESCRIPTION Hm residential are pleased to offer to the market this 5 bedroom pair of flats located in Benwell, ideal investment opportunity.
These flats are ideally located nearby local shops and amenities, walking distance to local schools with great access to transport links.
Ground floor property comprises – Entrance hallway, spacious living area, Kitchen dining area, bathroom with three piece bath suite, double bedroom to the rear of the property, single bedroom to the front of the property. Externally you have an enclosed rear yard. This property also benefits from double glazing and gas central heating. This property is current receiving a yearly rental income of £5400.00
First floor property comprises – Entrance with stairs leading to first floor, Lounge area, and kitchen with back door leading to the rear yard, bathroom with three piece bath suite, two double bedroom, and one single bedroom. This property benefits from double glazing and gas central heating. This flat currently has a remaining 4 year lease which is a yearly rental income of £6582.00 per annum.
Combined rental yield for both properties is 8.6%.