1 Bedroom Apartment

Slaley Close, 
Wardley, Felling, 
Gateshead, 
NE10 8TW
SSTC
  • Tenanted
ATTENTION INVESTORS - DON'T MISS OUT ON THIS WONDERFUL PROPERTY YIELDING ABOVE 7% NET! Immaculately kept one bedroom maisonette with parking space, less than 30 minutes from Newcastle city centre.
  • Financial Performance*
Gross rent
£5,400
Ground rent
£25
Net income
£5,375
Gross yield
8.64%
Net yield
8.6%
  • Key Features
  • Outstanding investment opportunity
  • Generate immediate income
  • Excellent rental yield above 7% NET
  • One bedroom maisonette
  • Immaculately kept by the current tenant
  • Allocated parking space
  • Long lease
  • Fantastic location
  • Less than 30 minutes to Newcastle city centre
  • Enquire today to find out more

This property will make a fantastic addition to an investor’s portfolio generating an impressive yield above 7% NET. The property is already tenanted allowing for immediate income from completion and is immaculately kept by the long-term tenant in situ, making this a truly ideal investment. The location couldn’t be better, positioned at the end of an idyllic estate in the popular area of Wardley.

Slaley Close is a wonderfully unique property benefitting from its own entrance and allocated parking space directly outside. From the front door stairs lead to the first floor consisting of lounge with large double-glazed window, modern fully-fitted kitchen, spacious double bedroom, fully-tiled shower room. and storage cupboards. The surrounding area offers all necessary every day amenities including shops, schools, pubs and restaurants, as well as being well served by excellent transport links.

Wardley is situated in the South East of Gateshead, just four miles from Newcastle, 10 miles from Sunderland, and 15 miles from Durham. Gateshead is a dynamic arts and culture hub and has expansive beautiful countryside to be explored and enjoyed. With Slaley Close being less than 30 minutes from Newcastle’s thriving city centre, the property will hugely appeal to working professionals and commuters looking for a peaceful base whilst still being a convenient distance form the city.

  • Financial Performance *
Gross rent
SSTC
Ground rent
SSTC
Net income
SSTC
Gross yield
SSTC
Net yield
SSTC
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location