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£150,000

Cosgrove Court, The Ministry, Benton, Newcastle Upon Tyne, NE7

  • 2 beds
Flat

£150,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£685 per month

Minimum deposit amount:

£7,500
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Introducing a fantastic investment opportunity, This beautiful first-floor apartment is up for grabs. This apartment boasts a comfortable and spacious living space, comprising of two bedrooms, one bathroom and a gorgeous living room. With a current rental income of ?850pcm and achievable ?1000pcm based off of the current market statistics.

This property is located in Longbenton which is a vibrant neighborhood and is only a 4 minute walk from the Longbenton metro station which gives you access to the whole city within a short amount of time. There is access to convenience stores, grocery stores and takeaways within a short walking distance. The area is clearly well connected with excellent transport links, making it ideal for both professional and students looking to move around or to Newcastle. It benefits from gas central heating and double glazing as well as allocated parking bay.

Currently the property is tenanted, with a secure tenancy agreement in place until 30th April 2024. This provides a stable and reliable income stream for the discerning investor/buyer. The tenant has taken great care of the property, ensuring its excellent condition throughout their tenancy.

Whether you are a seasoned investor looking to expand your portfolio or a first time buyer seeking a promising investment opportunity, this property is not to be missed. Don't miss out on our exceptional investment opportunity! Contact us today and secure your future on the property market.

Communal entrance
Stairs to second floor
Internal hallway
Radiator, entry phone system, loft hatch, coving to ceiling.
Lounge diner 15'6 (4.72m) x 14'10 (4.52m)
Upvc double glazed window, two radiators, wall mounted fire, tv and telephone points, coving to ceiling.
Kitchen 8'7 (2.62m) x 8'0 (2.44m)
Wall and base units with rolltop work surfaces, stainless steel sink and drainer unit, tiled splashback, Upvc double glazed window, radiator, laminate flooring, integrated electric oven and ceramic hob, extractor, integrated fridge freezer, combi boiler enclosed in wall unit.
Bedroom 1 11'8 (3.56m) x 8'10 (2.69m)
Upvc double glazed window, radiator
Bedroom 2 9'9 (2.97m) x 7'11 (2.41m)
Upvc double glazed window, radiator.
Bathroom
Paneled bath with mains shower over, low level w.c, pedestal hand wash basin, tiled splashback, radiator, vinyl flooring, extractor, shaver point.
Parking

Central Heating

Double Glazing


PROPERTY MISDESCRIPTIONS ACT 1991 For clarification, Jpcc Agents wish to inform prospective purchasers, that we have not carried out a detailed survey, nor have we tested any of the appliances or heating system and cannot give any warranties as to their full working order. Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings.
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Mortgage and legal costs:
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