Summary - 92 AVALON DRIVE NEWCASTLE UPON TYNE NE15 7SF
1 bed 1 bath Apartment
Let at £475pcm with long lease and low service charge close to local amenities.
Tenanted investment let at £475 PCM (immediate income)
This one-bedroom leasehold apartment is presented as a tenanted investment with an existing rent of £475 PCM, offering immediate income and an attractive entry price. With 976 years remaining on the lease and a low council tax band, the tenure and running costs are straightforward for buy-to-let ownership.
The apartment measures approximately 463 sq ft and sits in a mid-1970s three-storey block with double glazing and a communal lawn. It includes a reception room and a bedroom sized for a double bed, plus a small garden — practical features for tenants and families in the area.
Notable running considerations include an EPC rating of D and electric storage heating; there is potential to improve energy efficiency and lower bills. A service charge of £840 per year is recorded (below average for similar blocks). The property will be sold at an online auction where additional fees apply.
Set in a comfortable, low-crime neighbourhood with fast broadband, good mobile signal and local amenities nearby, the flat suits investors seeking a low-maintenance lettable asset or buyers targeting low-cost ownership in Newcastle. The property is sold as-is with the current tenancy in place.
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