ID: 16554
Description
If you want to see more deals like this, then please visit the Property Investor website or download the \'Property Investor\' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
20% Below Market Value
FREEHOLD - Ready Made Fully Tenanted Block of 6 Apartments
Income Producing with Scope to Increase Income
5 x 2 Bedroom and
?1 x 1 Bedroom Apartments
Esplanade, Whitley Bay, NE26 2AL
Combined Market Value = ?600,000+
Combined Purchase Price = ?480,000
Finder?s Fee = ?12,000
Total Gross Income = ?2,561 pcm = ?30,732 per annum
For a limited time only, we have managed to secure a ready made and income producing block of 6 flats in Whitley Bay.
The property is currently fully let and all of the tenants have been carefully selected reaching out to a more mature and sensible market.
From our research,1 bed flats for sale in the area are reaching a market value of approximately ?120,000 to ?130,000, making 6 apartments sold for approximately ?600,000 - ?720,000.
The Esplanade is within walking distance down to Whitley Bay Sea Front and there are Sea views from outside of the property
If you want to see more deals like this, then please visit the Property Investor website or download the \'Property Investor\' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
20% Below Market Value
FREEHOLD - Ready Made Fully Tenanted Block of 6 Apartments
Income Producing with Scope to Increase Income
5 x 2 Bedroom and
?1 x 1 Bedroom Apartments
Esplanade, Whitley Bay, NE26 2AL
Combined Market Value = ?600,000+
Combined Purchase Price = ?480,000
Finder?s Fee = ?12,000
Total Gross Income = ?2,561 pcm = ?30,732 per annum
For a limited time only, we have managed to secure a ready made and income producing block of 6 flats in Whitley Bay.
The property is currently fully let and all of the tenants have been carefully selected reaching out to a more mature and sensible market.
From our research,1 bed flats for sale in the area are reaching a market value of approximately ?120,000 to ?130,000, making 6 apartments sold for approximately ?600,000 - ?720,000.
The Esplanade is within walking distance down to Whitley Bay Sea Front and there are Sea views from outside of the property
If you want to see more deals like this, then please visit the Property Investor website or download the \'Property Investor\' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940