Summary - 38 BARRASFORD STREET WALLSEND NE28 0JZ
2 bed 1 bath Flat
**Standout Features:**
- **Investment Opportunity:** Let to a well-established tenant, generating £425/month (£5,100/year).
- **Spacious Layout:** Two bedroom upper flat with a total floor area of 68 sqm (732 sq ft).
- **Prime Location:** Convenient access to A19, local shops, and amenities.
- **EPC Rating:** Grade D; double glazing installed after 2002.
- **Long Lease:** 962 years remaining on the leasehold.
- **Affordability:** Low council tax band A; auction starting at £25,000.
**Summary:**
Discover a fantastic investment opportunity with this charming two-bedroom upper flat on Barrasford Street, Willington Quay. Perfectly positioned for convenience, this spacious flat boasts a generous lounge/dining area, two cozy bedrooms, a kitchen, and a bathroom, all with a bright and modern ambiance thanks to large windows and smart laminate flooring. Currently rented to a stable tenant, this property provides an immediate income stream for savvy investors.
While the property is in decent condition, it's essential to note the solid brick walls without insulation, which may require future consideration for energy efficiency improvements. With a council tax band A, low administration costs, and fast broadband access, this home holds great potential for both rental and future value appreciation. Don't miss this exceptional chance to secure a solid asset in a market with high demand; act fast, as opportunities like this tend to move quickly!
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