1 Bed Flat For Sale Derwent Valley Villas, Newcastle Upon Tyne, NE17

£59,950- Flat

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Last Updated: 18th April 2024

Description

Seize the opportunity for immediate gains with this exceptional opportunity, highlighting an enticing 9% yield that guarantees not only an exquisite residence but also a lucrative investment. The property provides flexibility to cater to various preferences. It is suitable for savvy investors interested in maintaining existing tenants or for those seeking a blank canvas to shape into their ideal home accommodating both needs seamlessly.

Whether you're a discerning investor seeking rapid returns or picturing the property as your future dream home, this remarkable opportunity allures with its promising 8% yield.

Introducing a split-level apartment in a peaceful semi-rural setting, this first-floor home features a lounge with open views, a fitted kitchen with essential appliances, and picturesque countryside scenery. Upstairs, discover a double bedroom with storage and a bathroom with a shower over the bath. Externally, indulge in the convenience of off-street parking and communal gardens, creating a delightful outdoor space for relaxation.

Nestled behind the village's main road, this residence provides a tranquil sanctuary with convenient bus links to the Metro Centre, Newcastle, and Durham via Consett. The surrounding area radiates charm, offering residents a serene retreat amidst nature.

Don't let this compelling chance slip away! Reach out to House Sales Direct now to arrange an essential viewing.

All appliances are untested and subject to a fixtures and fittings agreement with the seller.

Additionally, upon the acceptance of an offer, the buyer will be required to pay a non-refundable Reservation Fee of £420 inclusive of VAT. This fee is not included in the purchase price and is a part of our Terms & Conditions to secure the property.

Please note a solicitor from our allocated panel is overseeing this property sale. Upon offer acceptance, the allocated solicitor will be formally instructed to manage the sale process for the purchaser.
Agent Details
House Sales Direct
International House, The McLaren Building, 46 The Priory Queensway, Birmingham, B4 7LR

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested