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Guide price

£65,000

Ferndale Terrace, Gateshead, NE9

1 bedroom Flat for sale, Gateshead, Tyne And Wear, NE9

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  • Lounge
  • Bathroom / WC
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Key Features

1 Bedroom
EPC Rating D
1 Reception Room

Contact Your Move Chris Stonock Washington

0191 416 0100

Ref: 528539646

Guide price

£65,000

Ferndale Terrace, Gateshead, NE9

1 bedroom Flat for sale, Gateshead, Tyne And Wear, NE9

Ref: 528539646

Your Move Washington

Property ref: 528539646

0191 416 0100

  • Attention Landlords
  • GUIDE PRICE £65000-£70000
  • Achievable Rent £400 PCM
  • EPC Rating D
  • Investment Opportunity
  • Highly Popular Location
Details
  • Attention Landlords
  • GUIDE PRICE £65000-£70000
  • Achievable Rent £400 PCM
  • EPC Rating D
  • Investment Opportunity
  • Highly Popular Location

****GUIDE PRICE £65,000-£70,000****
A one bedroom end of terrace property aimed at the landlord/investor market. Currently let the property has a realistic achievable income in the region of £4,800 per annum. Based on the asking price this would be a gross yearly yield of 6.4%. The long term investment will also be a draw to buyers as the property is situated in the ever popular Springwell Village. The property and layout briefly comprises of: A one bedroom ground floor flat with entrance hall, spacious lounge to front, bathroom, kitchen and bedroom to rear. Outside there is a shared yard. EPC Rating C, a copy of the full EPC is available on request.

We would strongly recommend this ground floor flat to any landlord investors. We have also been informed by the current owner that the private garden to the rear (over lane) may be available/included and anyone wishing to find out further information should contact the Washington sales office on 0191 4160100.

Springwell Village is a popular residential location that offers local shopping, amenities, well regarded schools and offer transport links to Newcastle, Gateshead, Washington and the A1 motorway.

Picture Room Measurements Notes
Entrance Hall
Loungeft. 16' 5" x 9' 10"
m. 5m x 3m
Bathroom / WC
Kitchenft. 9' 9" x 6' 5"
m. 2.97m x 1.96m
Bedroom 1ft. 13' 11" x 12' 2"
m. 4.25m x 3.7m
Shared Yard
floorplan
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epc

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

69

Potential

77

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

65

Potential

73

Arrange a viewing

Your Move Chris Stonock Washington

Property ref: 528539646

0191 416 0100

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YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Our initial mortgage consultation is free. We will charge a fee between £399 and £999 that is payable on application. The amount we will charge is dependent on the amount of research and administration required. We reserve the right to charge a subsequent fee of £99 for each further application that may be required.

This calculator provides a guide to monthly payments and does not guarantee eligibility for a mortgage. Please contact us for a personalised Mortgage Illustration.  8277-482

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Your Move, Washington branch details

Your Move Chris Stonock Washington

Unit K The Galleries,
Washington,
NE38 7SD

0191 416 0100

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