105 Colston Street, Newcastle Upon Tyne Tyne And Wear, NE4 8UN
, NE4 8UN
Price: Rent: POA Sale Price: POA
Size: 10 sq ft Primary Category: Land All Categories:
Land, Property Ref/Movehut: MH608133 Property Ref/Agent: 13822
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: October 19, 2019
Development/Investment Opportunity of 19 Residential Units
105 Colston Street,
Newcastle Upon Tyne Tyne and Wear, NE4 8UN
10 - 100 sq ft
(1 - 9 sq m)
The portfolio comprises 18 self-contained flats within brick built terrace properties.
Within the portfolio 17 units are currently vacant.
These units require refurbishment and modernization.
This presents the unique opportunity to actively manage the properties and increase the occupancy rate across the portfolio.
Residential development/investment opportunity.
Comprises 19 units and 1 freehold reversionary interest.
Two occupied properties within the portfolio producing a rental income of £7,680 per annum.
Excellent opportunity for asset management and renal growth.
Estimate that the portfolio has the potential to generate a rental income of £86,736 per annum
Subject to undertaking works to bring the properties into a reasonable condition.
EPC for 105 Colston Street, Newcastle Upon Tyne Tyne And Wear, NE4 8UN
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