For Sale, 3 Bed House 

Braebridge Place, Newcastle Upon Tyne

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Features

  • Auction Date: 26th & 27th June 2019
  • Spacious three-bedroom semi-detached property
  • Accommodation over two storeys
  • Potential rental income of £850 pcm (£10,200 per annum)
  • Potential gross yield of 9.71%
  • uPVC double glazed windows & GCH
  • Sold with vacant possession
  • Front and rear yard
  • Approx. 1,130 Sq. Ft (Measurement taken from EPC)
  • Freehold

Quick Details

3 Bedrooms

Address

2 Braebridge PlaceNewcastle Upon TyneTyne & WearNE3 4PX
Details
EPC
Map
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Property Details

•For Sale By Online Auction: 26th & 27th June 2019
•Guide Price: £105,000+
•Spacious three-bedroom semi-detached property
•Potential rental income of £10,200 per annum
•Potential gross yield of 9.71%, based on the guide price
•Freehold – Sold with vacant possession

This three-bedroom semi-detached property comprises accommodation arranged over two storeys.

The ground floor comprises an entrance hall, providing access to a well-presented open plan living dining area, spacious kitchen and a ground floor shower room. The kitchen boasts wood effect eye level and base units and is fitted with worktops and appliances. There is also a study room which faces the front garden.

First floor accommodation consists of three, neutrally decorated bedrooms, all being fitted with gas radiators. The family bathroom has tiled flooring, a separate bath and a shower unit.

The subject property is situated on Braebridge Place, in the popular Montagu Estate of Kenton.

The city centre of Newcastle upon Tyne is a ten-minute drive from the property, with road links throughout the region via Kenton Lane to the A167 and the A1.

The subject property is situated on Braebridge Place, in the popular Montagu Estate of Kenton.

The city centre of Newcastle upon Tyne is a ten-minute drive from the property, with road links throughout the region via Kenton Lane to the A167 and the A1.

Accommodation

Approx. 105 Sq. M – 1,130 Sq. Ft
(Measurement taken from the EPC).

Services

We understand the property has mains electricity, water and drainage. However, interested parties should carry out their own investigations.

Tenure

Freehold

Investment Analysis

The property is currently vacant; however, it has the potential to generate an income of £850 pcm (£10,200 per annum). This would represent a potential gross yield of 9.71%, based on the guide price.

Guide Price

£105,000+

Buyer’s Premium

2% (min. £3,600) inc. VAT.

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