4 bed flat for sale
£420,000Belle 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
£
3% Up to to £250,0007,500
5% £250,001 to £925,00023,600
8% £925,001 to £1.5 million0
15% Over £1.5 million0
=
£31,100
Surrounding area
Newcastle upon TyneLongbenton
Whickham
Blaydon
Hebburn
Ryton
Rowlands Gill
Jarrow
Ponteland
Meadow Well
Tyne And Wear