Summary - 8 DUNSTANBURGH CLOSE WASHINGTON NE38 0JE
2 bed 1 bath Flat
Affordable two-bed flat with garden — tenanted or vacant, strong headline rental yield.
Two-bedroom ground-floor flat with enclosed private garden
Currently tenanted at £600pcm; can be sold vacant
New combi boiler and refitted front door reduce immediate maintenance
117-year lease remaining; low ground rent (£10)
Service charge approx. £1,092 per year
Located in a very deprived area with higher crime levels
1970s–80s block; lawn patchy and may require upkeep
Chain-free sale, convenient for commuting and local schools
A two-bedroom, ground-floor flat in Oxclose presenting clear investment potential or an affordable first home. Currently tenanted at £600 pcm but can be sold vacant, the property offers immediate income or straightforward occupation. The compact, practical layout includes a generous lounge, modern kitchen and an enclosed private garden — rare for a ground-floor flat.
Recent upgrades reduce short-term maintenance costs: a newly fitted combi (Baxi) boiler and a refitted front door. The long lease (117 years) and low ground rent (£10) are practical positives for buyers. Service charge is moderate at about £1,092 per year.
Buyers should note the location’s challenges: the immediate area is classified as very deprived with higher-than-average crime levels. That affects resale prospects and may influence tenant demand and management needs. The building dates from the 1970s–80s and appears in reasonable condition, but the flat’s lawn is patchy and may need basic upkeep.
For investors, the advertised rent produces strong headline gross yield (approx. 12% at £600 pcm/£60,000 asking price), though net yield will be lower after costs, service charge and voids. For owner-occupiers, the property is an affordable, chain-free option close to Washington town centre, schools and commuter routes to Sunderland and Newcastle.
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