Summary - 26 RICKLETON VILLAGE CENTRE WASHINGTON NE38 9ET
2 bed 1 bath Flat
Low-cost leasehold investment with tenant in place and steady rental appeal.
Second-floor two-bedroom apartment in Rickleton Village Centre
This leasehold two-bedroom flat in Rickleton Village Centre presents a low-cost entry into Washington’s rental market. Offered with a tenant in situ, it suits investors seeking immediate income and buyers happy to retain the existing tenancy. The block dates from the late 1970s and sits within communal grounds close to shops, buses and local services.
Internally the apartment is gas-heated via a boiler and radiators and arranged over the second floor, with a living room and two bedrooms providing practical, easy-to-let accommodation. Service charges average £1,080 annually and council tax is very cheap, helping to keep running costs modest for landlords or downsizers.
Notable considerations include single glazing and the building’s 1976–82 construction, which may prompt future upgrade costs to improve energy efficiency. The property is leasehold; buyers should check lease length and terms. Broadband speeds are slow locally, and mobile signal is average—factors to weigh for longer-term tenants.
Overall, this is a straightforward, value-led investment in a well-served, low-crime neighbourhood. Its proximity to schools, healthcare, recreation and transport links supports steady rental demand, while modest refurbishment work could increase yield and appeal.
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