Standout Features
- READY MADE INVESTMENT GENERATING £475pcm
- CASH OFFERS ONLY DUE TO 41 YEARS REMAINING ON THE LEASE
- SPACIOUS LIVING ROOM WITH A LARGE WINDOW, OFFERING PLENTY OF NATURAL LIGHT
- RECENTLY UPGRADED KITCHEN WITH MODERN FIXTURES, OVERLOOKING THE PRIVATE GARDEN.
- PRIVATE GARDEN, IDEAL FOR RELAXATION OR ENTERTAINING
- LOCATED IN FELLGATE, A WELL-CONNECTED AREA WITH EXCELLENT ROAD LINKS AND PUBLIC TRANSPORT LINKS
- LEASEHOLD - 41 YEARS REMAINING
- COUNCIL TAX BAND - A
- EPC RATING - C
Property Description
This well-maintained ground-floor apartment is a fantastic opportunity for property investors. It's situated in the ever-popular Fellgate area, known for its strong rental demand due to its proximity to transport links, local schools, and amenities. The property benefits from a long-term tenant on a fixed-term lease until May 2025, ensuring immediate and stable rental income. Due to a short lease with 41 years remaining only cash offers will be considered.
Internally, the property centres around a bright and spacious living room, featuring a large front window that floods the space with natural light. The kitchen, recently upgraded to a modern standard, is accessed directly from the living room and enjoys views of the private rear garden. The central hallway leads to two well-sized bedrooms, both with fitted storage, and a practical, tiled family bathroom.
Externally, the property boasts its own private garden-ideal for outdoor enjoyment-and a garage, perfect for additional storage or parking.
For more information or to arrange a viewing, please contact Martin & Co.
ROOM DIMENSIONS PORCH:
1.50m x 1.00m (4'11" x 3'3")
LIVING ROOM:
4.52m x 3.35m (14'10" x 11'0")
KITCHEN:
2.67m x 2.20m (8'9" x 7'2")
BEDROOM 1:
3.74m x 3.33m (12'3" x 10'11")
BEDROOM 2:
3.31m x 2.98m (10'10" x 9'9")
BATHROOM:
2.05m x 1.69m (6'9" x 5'7")
Internally, the property centres around a bright and spacious living room, featuring a large front window that floods the space with natural light. The kitchen, recently upgraded to a modern standard, is accessed directly from the living room and enjoys views of the private rear garden. The central hallway leads to two well-sized bedrooms, both with fitted storage, and a practical, tiled family bathroom.
Externally, the property boasts its own private garden-ideal for outdoor enjoyment-and a garage, perfect for additional storage or parking.
For more information or to arrange a viewing, please contact Martin & Co.
ROOM DIMENSIONS PORCH:
1.50m x 1.00m (4'11" x 3'3")
LIVING ROOM:
4.52m x 3.35m (14'10" x 11'0")
KITCHEN:
2.67m x 2.20m (8'9" x 7'2")
BEDROOM 1:
3.74m x 3.33m (12'3" x 10'11")
BEDROOM 2:
3.31m x 2.98m (10'10" x 9'9")
BATHROOM:
2.05m x 1.69m (6'9" x 5'7")
Additional Information
Tenure:
Leasehold
Council Tax Band:
A
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Lancaster Way, Jarrow
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