Project Description

Location
The property is located centrally on Queen Street, just off Woodhorne Road on the outskirts of Ashington town centre.

Ashington, lies four miles east of Morpeth and seventeen miles north of Newcastle upon Tyne and is well placed with numerous transport links and travel options.

Ashington is one of the largest towns in Northumberland and is located in the Woodhorn and coast region. With a wide range of amenities on the doorstep including shops, restaurants, supermarkets, Wansbeck hospital and schooling for all ages.

Description
This two bedroom mid terrace property, having accommodation spread over two floors, currently let, is an ideal ready made investment. The internal accommodation comprises fitted kitchen and bathroom, living room and two bedrooms.

Externally the property benefits from a rear yard.

Services
We understand the property has mains gas, electric, water and drainage.

Investment Analysis
The property is currently tenanted and is achieving £325 per calender month (£3,900 per annum). Representing a gross yield of 10.4%.

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2016/17) is £1,118.78.

Please note an inspection of this property has not been undertaken.

Viewing by Appointment

To view this property, please contact John Pye Property – property@johnpye.co.uk – 0115 970 6060

Please click the following link to access the legal pack documents – http://www.johnpye.auctiondocs.com/

Address

15 Queen Street
Ashington
Northumberland
NE63 9HS

Features

✓ Mid terrace property
✓ Two bedrooms
✓ Modern kitchen and bathroom
✓ Currently tenanted
✓ Rental income of £325 pcm (£3,900 pa)
✓ Gross yield of 10.4%
✓ Rent paid by Council
✓ Condensing Combi-boiler fitted in 2014
✓ Strong rental area
✓ Good investment opportunity
✓ High yielding investment
✓ Close to amenities
✓ Good transport links

Contact

Hayley Riley
Phone: 0115 970 6060
Email: property@johnpye.co.uk
Our Ref: PR273

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