Fern Dene Road, Gateshead
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Very close to Saltwell Park!
- Highly desirable location, popular with proffesional tenants
- Close to Newcastle City Centre, Trinity Square, Saltwell Park, Low Fell
- Rental income of £660PCM. Rapidly increasing rental values in this location, and good capital appreciation over the past 5 years
Description
Overview
2-bedroom ground floor flat let at £660 PCM to a fantastic tenant (in situ since August 2022). Located in the ever popular "Avenues" area, close to Saltwell Park, in a desirable area with a mix of owner-occupiers and investors. Fully refurbished to a high standard within the last 5 years.
Investment Highlights
Tenant in Situ: Since August 2022
Leasehold: 979 years remaining
Recent comprehensive Refurbishment completed
Scope for rent increase in future, market rental value is £695PCM
Local Amenities
Saltwell Park: Minutes away
Trinity Square: Shops, dining, cinema
Low Fell: Independent bars, restaurants
Gateshead/Newcastle Quayside is within 25 minutes walking distance
Transport Links
Newcastle Central Station: 10 mins by car
Gateshead Interchange: Metro & bus services
A1(M): Quick regional access
Newcastle Airport: 20 mins by car
Key Facts
Tenure: Leasehold (979 years) - Tyneside lease, no service charge, peppercorn ground rent.
Rent: £660 PCM
Size: 624 ft² / 58 m²
EPC: Current 74 (C) / Potential 76 (C)
Council Tax: Band A (£1,634 est.)
Built: 1900–1929
Brochures
Full Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Fern Dene Road, Gateshead
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About 10Homes, Gateshead
412 Aiden House Tynegate Precinct, Sunderland Road, Gateshead, NE8 3HU
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Visit our security centre to find out moreDisclaimer - Property reference 12595430. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by 10Homes, Gateshead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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