Chain-free, tenanted ground-floor flat in central Birtley — c.9% yield and private rear yard..
- Chain-free; long lease (982 years)
A compact ground-floor Tyneside flat offered chain-free and currently tenanted, producing around a 9% gross yield — a straightforward addition to a buy-to-let portfolio. The property has a long lease (982 years), gas central heating via a combi boiler, double glazing and an EPC rating of C, so ongoing running costs are in line with typical modernised flats.
Accommodation is practical: entrance lobby, hallway, living room, fitted kitchen, two bedrooms and a white three-piece bathroom. Externally there is an enclosed private rear yard and on-street parking to the front. The flat’s footprint (approximately 653 sq ft) and average-sized rooms suit single professionals, couples or a rental tenancy aimed at local workers.
Location is central Birtley, within easy walking distance of the high street and local amenities, with excellent mobile signal and fast broadband — useful for tenant demand. Important negatives to note: the area shows above-average crime and higher deprivation indicators, and the building is traditional solid-brick construction likely without wall insulation. Rooms are modest in size and there is no driveway or front garden.
This is a pragmatic, entry-level investment or first-home option where rental income and long lease length are strong selling points. Buyers should factor in potential fabric upgrades (wall insulation, cosmetic updates) and the local area profile when assessing resale or rental assumptions.
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