Summary - 69 NEVILLE COURT SULGRAVE WASHINGTON NE37 3DY
2 bed 1 bath Maisonette
**Investment Opportunity Highlights:**
- **Rent:** Long-term tenant in situ, achieving £352 PCM
- **Type:** Two-bedroom upper floor maisonette
- **Features:** Private balcony, communal gardens, secure intercom entry
- **Lease:** 100 years remaining on leasehold
- **Location:** Marlborough Park, Sulgrave
- **Parking:** On-street available
- **Potential Concerns:** High crime rate; service charge currently £1,535 annually
This well-presented two-bedroom upper floor maisonette in Marlborough Park is an enticing investment with a long-term tenant already providing steady rental income of £352 per month. With an appealing layout that includes an open-plan lounge and kitchen, two spacious bedrooms, and a private balcony, the property offers both comfort and potential for future updates. Although the area is classified as high crime and somewhat deprived, it remains conveniently located near schools and local amenities, enhancing its rental appeal.
The property features double glazing with a mains gas boiler heating system, providing essential conveniences for tenants. While the annual service charge is relatively high, the council tax band is very affordable, making this an attractive option for budget-conscious renters. Buyers should act swiftly; properties in this price range and with an existing tenant are rare. Consider the investment potential in a fluctuating market, and explore how you can capitalize on this unique opportunity to own a rental property with upside potential.
1 bedroom apartment for sale in Collingwood Court, Sulgrave, Washington, Tyne and Wear, NE37 3ED, NE37 — £25,000 • 1 bed • 1 bath • 481 ft²
2 bedroom apartment for sale in Collingwood Court, Washington, Tyne and Wear, NE37 3EF, NE37 — £25,000 • 2 bed • 1 bath • 829 ft²
3 bedroom maisonette for sale in Collingwood Court, Washington, Tyne and Wear, NE37 3EB, NE37 — £35,000 • 3 bed • 1 bath
2 bedroom flat for sale in Neville Court, WASHINGTON, Tyne and Wear, NE37 — £40,000 • 2 bed • 2 bath • 1032 ft²
2 bedroom apartment for sale in Collingwood Court, Washington, Tyne and Wear, NE37 3EF, NE37 — £25,000 • 2 bed • 1 bath • 679 ft²
2 bedroom apartment for sale in Neville Court, Marlborough Park, Sulgrave, NE37 — £13,000 • 2 bed • 1 bath • 436 ft²
