Summary - 48 WARKWORTH CLOSE WASHINGTON NE38 0JN
2 bed 1 bath Flat
Tenanted income with option for vacant possession and recent boiler upgrade.
Two-bedroom first-floor flat with generous lounge
A practical two-bedroom first-floor flat currently let and producing £525 pcm — attractive for investors seeking immediate income. The layout includes a generous lounge, modern kitchen, two bedrooms and a three-piece bathroom; recent updates include a newly fitted combi boiler and a refitted front entrance door. Double glazing and gas central heating reduce short-term maintenance needs.
The property is leasehold with about 100 years remaining. Service charges average £1,080 annually and ground rent is £10. It sits in a well-connected Oxclose location with easy access to Washington town centre and commuting routes to Sunderland and Newcastle, and several well-rated primary and secondary schools within walking distance.
Important considerations: the flat is tenant in situ (rental income as stated) though it can be purchased with vacant possession if required. The wider area scores as very deprived with a high local crime level; buyers should factor this into rental or resale expectations. Overall this is a practical, low-maintenance income property with scope for modest uplift through cosmetic improvements.
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