House For Sale Clayton Street, Newcastle Upon Tyne, NE1
£255,000
1 of 5
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Last Updated: 18th April 2024
Description
Pattinson are pleased to offer this appealing residential investment opportunity of three self-contained one bedroom apartments, located in the centre of Newcastle upon Tyne. The property is situated on the bustling Clayton Street and is set within the main leisure district of the city centre. Clayton Street is an established retail street, stretching from Greys Monument down to Westgate Road, within the historic area of Grainger Town. \r
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The three residential apartments are each let at a rent of £550 per calendar month which equates to £19,800 per annum. A sale at the purchase price would reflect a Net Initial Yield of 8.75%.
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The three residential apartments are each let at a rent of £550 per calendar month which equates to £19,800 per annum. A sale at the purchase price would reflect a Net Initial Yield of 8.75%.
Agent Details
Pattinsons
Kingfisher Way Silverlink, Wallsend, NE28 9NY
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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.
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.