Flat 43 Kearsley Close Seaton Delaval, Whitley Bay, Tyne And Wear, NE25 0BL

Located in the desirable coastal town of Seaton Delaval, this one bedroom flat with a separate garage presents an excellent opportunity for investors seeking a ready made, income producing asset. The accommodation comprises a lounge, kitchen, one bedroom and bathroom with French doors leading to the balcony. The property s conveniently positioned close to a variety of local amenities, public transport links, shops and leisure facilities – making it highly appealing to tenants. In addition to the flat, the sale also includes a garage which is let separately, providing an additional source of income. At present, the flat generates a rental income of £325 per calendar month. The garage, which is currently vacant, previously achieved £60 per calendar month. Once re-let, the combined annual gross income has the potential to reach £4,620. The flat is let on a rolling tenancy agreement. Tenure: Leasehold EPC Rating: C Important Notice to Prospective Buyers We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Administration Charge £3600 inc VAT payable on exchange of contracts. A problem with your internet connection has been detected. We'll reconnect you as…

From the Auction House North East listing. Read the full listing and legal pack →