**Investment Opportunity**Block Of Two Long-Leasehold Apartments** An individual block of two apartments occupying a desirable Jesmond Park East Address, well placed for access to The Freeman Hospital, and Jesmond and Heaton amenities. The two flats generate an annual rent of £24,360, and a gross (pre service charge) yield of 9.3%. The properties share a Communal Entrance, and each include a Reception Hall, a Living Room / Dining Room, a Kitchen, Two Bedrooms, and a Bathroom. The properties further benefit from electric heating and double glazing. Both come with a garage.
Material Information Information:
Council Tax Band: C
Tenure:Leasehold
Lease: 939 Years Remaining
Service Charge: £4,400 - Paid over two installments. Includes building insurance, cleaning of communal areas, gardening and general maintenance.
Ground Rent: £50 per year
Management Company: Premier Estates
Parking: Unallocated Resident Parking
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