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4 bed flat for sale

£420,000

Belle Grove West, Spital Tongues, Tyne And Wear, NE2 4LU

Bedrooms4TypeFlatRent pcm2200FurnishedFurnished
TenureFreeholdGround rentService charge
Tenanted/VacantTenantedAST details No
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Commercial and Residential Unit for sale in Belle Grove West, NE2 4LU

Residential: First Floor
4 bedrooms, 1 lounge, 2 kitchens, 3 bathrooms, 1 utility/laundry room.

Tenancy 12 months with 9 months remaining.

Commercial: Ground Floor
Premier Convenience Store.
Full Kitchen and Washroom.
Basement full storage space.
Lease 15 years with 9 years remaining.

There is potential for a 1 bedroom flat at the rear of the property. It has a seperate entrance, kitchen on ground, lounge on floor 1 and bedroom in the attic floor 2. Incomplete.

Rental yield potential 7.5%


Contact the Landlord / Seller about this property



Gross yield calculator

£
£
=
6.29%

Stamp duty calculator

£
 5%  Up to to £250,00012,500 10%  £250,001 to £925,00017,000 15%  £925,001 to £1.5 million0 17%  Over £1.5 million0
=
£29,500

Nearest stations

Newcastle 1.1 milesManors 1.2 milesMetrocentre 2.2 milesDunston 2.3 milesBlaydon 3.5 milesDistances are straight line measurements