Property Overview
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- Size:
- Undisclosed
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- Sale Type:
- To Let
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- Rental Income:
- N/A
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- Property Type:
- Land
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- Auction:
- No
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- Development Opportunity:
- No
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- Investment Opportunity:
- No
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- Tenanted:
- No
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- Energy Rating:
- N/A
General Summary
• Property Size: 10.00 - 100.00 Ft2
• DEVELOPMENT/INVESTMENT OPPORTUNITY OF 17 RESIDENTIAL UNITS, Newcastle Upon Tyne
• Residential development/investment opportunity.
• Comprises 17 units and 1 freehold reversionary interest.
• Two occupied properties within the portfolio producing a rental income of £7,680 per annum.
• Excellent opportunity for asset management and renal growth.
• Estimate that the portfolio has the potential to generate a rental income of £77,736 per annum
• Subject to undertaking works to bring the properties into a reasonable condition.
The portfolio comprises 16 self-contained flats within brick built terrace properties. Within the portfolio 15 units are currently vacant. These units require refurbishment and modernization. This presents the unique opportunity to actively manage the properties and increase the occupancy rate across the portfolio.
Pricing
The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.
