Auction Wednesday 1st February 2023 Bidding opens at 8:00am
45

2-20 Bewicke Road, Wallsend, NE28 6SH

Available
TBD
18 10 10
A Freehold Portfolio of 10 Self Contained Flats. (7 x 2 bed, 1 x 3 bed, 2 x 1 bed) 7 Let on Separate Agreements, 3 Vacant. There is Significant Scope to Increase the Total Income with Rent Increases and When Fully Let
  • A Freehold Portfolio of 10 Self Contained Flats.
  • 7 x 2 bed, 1 x 3 bed, 2 x 1 bed. 7 Let on Separate Agreements, 3 Vacant
  • All properties have recently had work done to complete all gas and electrical worth. Properties benefit from new gas safety certs and eihcs
  • The Auctioneers have been Informed that a Number of Flats have been Refurbished
  • Total Current Income £33,840 per annum.
  • Potential to Achieve in the Region of £53,000 when Fully Let and with Rent Increases

Accommodation (Not Internally Inspected, Believed to Comprise of)

2 Berwicke Road – 78sqm – £350pcm
4 Berwicke Road – 82sqm – £425pcm
6 Berwicke Road – 57sqm – Vacant
8 Berwicke Road – 61sqm – £395pcm
10 Berwicke Road – 76sqm – £425pcm
12 Berwicke Road – 80sqm – £425pcm
14 Berwicke Road – 76sqm – £400pcm
16 Berwicke Road – 80sqm – Vacant
18 Berwicke Road – 60sqm – £400pcm
20 Berwicke Road – 64sqm – Vacant

EPC Rating

SEE LEGAL PACK

Please note, these are the dates and times for Open Viewings, you do not need an appointment to attend. A Representative will be in attendance for the duration of the time slot. Only one party will be allowed into the property at any time. All viewings are carried out at your own risk and following the latest Covid Guidelines.