**Standout Features:**
- Two-bedroom ground floor flat with tenant in situ, generating £5760 annually.
- Shared rear yard; proximity to local amenities and transport links.
- Leasehold property located in North Tyneside Council Tax Band A (very cheap).
- EPC Grade D; notable potential for renovations.
**Potential Concerns:**
- Some areas may require updating or repairs, with indications of damp.
- Higher local crime rates; property situated in an area classified as deprived.
Discover this charming two-bedroom ground floor flat on Bewicke Road in the heart of Willington Quay, perfectly suited for investors seeking a rental income. Currently occupied by a reliable tenant, this property boasts an annual income of £5,760, making it an attractive addition to your investment portfolio. The flat features a cozy lounge, kitchen with access to a shared yard, a bathroom complete with shower over bath, and two comfortably sized bedrooms.
Although positioned conveniently close to local amenities and transport links, the property may need some work to address potential maintenance issues like damp, which could enhance its value with the right renovations. With affordable council tax rates and potential for capital growth, this flat represents a rare investment opportunity in a major conurbation area. Don’t miss the chance to explore this flat—viewing is highly recommended, especially if you're considering expanding your rental portfolio!
