3 bedroom Flat for sale in Morrison Close Newton Aycliffe DL5

Sale Price: £520,000

Morrison Close Newton Aycliffe, DL5 4QZ

Flat
3 Bed(s)
-- Bath(s)
Not Available Anymore

 Northgate Estate Agents, Dalton Way, Newton Aycliffe
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Street Address

Morrison Close Newton Aycliffe, DL5 4QZ

Property description

INVESTMENT PORTFOLIO // GREAT LOCATION // COVERED BY LABC WARRANTY // PRICED TO SELL

Woodham Heights, Newton Aycliffe
Northgates Welcome to the market this freehold apartment block. An Excellent Investment Opportunity to purchase this 18 bedroom freehold block. The accommodation briefly comprises :

Six 3 bedroom apartments.
Each apartment comprises of open plan lounge
Fitted kitchen with Integrated Appliances
Three double bedrooms
Family bathroom.

The block is to be sold with Freehold. The building generates a £38,200pa rental income with a 7.3 gross yield with a potential £39,600pa rental income.

Property Features :

  • Investment Property ***18 Bedroom Freehold Apartment Block with Allocated Parking***
  • £38,200pa Rental Income / 7.3 Gross Yield
  • 6 x Three Bedrooms
  • Gas Central Heating / Double Glazing
  • LABC Certificate
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