Property Information
Address:
105 Colston Street, Newcastle Upon Tyne Tyne And Wear, NE4 8UN
, NE4 8UN
Price: Property no longer available.
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 description
Development/Investment Opportunity of 19 Residential Units
105 Colston Street,
Newcastle Upon Tyne Tyne and Wear, NE4 8UN
Ref
13822
Category
Occupy
Type
Residential Land
Status
Available
Price/Rent
Offers invited
Breeam
Not Assessed
Size
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.
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