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Fantastic investment opportunity to purchase a Freehold Pair of Flats on Lavender Gardens, West Jesmond! Currently achieving a combined income of £1820 with the opportunity to increase from July 2024.
A spacious pair of flats situated on Lavender Gardens, West Jesmond close to West Jesmond Metro station and Brentwood Avenue. Within walking distance of the cafes, shops and restaurants and close to access roads to the city centre. The ground floor flat has two bedrooms and is currently tenanted until July 2024 achieving £650pcm. The upper flat has three bedrooms is currently tenanted until August 2025 and is achieving £1170pcm.
PRIMARY SERVICES SUPPLY
Mains electric, water and sewerage.
Heating: Mains gas central heating
Broadband: Fibre
Mobile Signal Coverage Blackspot: No
Parking: On street parking – permit
MINING
The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.