Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 2
- Council Tax:
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READY LET RESIDENTIAL INVESTMENT comprising a 2 bedroom flat in popular residential location. Total internal floor area of 872 sq ft situated on the first floor level at the front of the building.
Tenancy Info: Let on an Assured Shorthold Tenancy in personal name. Expiry: 26th March 2025 (Rolling Renewal). Passing Rent: £6,300p.a
Fantastic high yielding investment. Income from day one with professionally managed tenant in place.
Berwick-upon-Tweed is a town in Northumberland, England, near the border with Scotland. There is a main line railway station which has regular trains to both Edinburgh, Newcastle and London.
EXCELLENT LOCATION situated fronting the west side of Marygate, in the heart of the town centre, close to a host of local and national amenities and offers excellent links by road and by rail.
Berwick-upon-Tweed is a town in Northumberland, England, near the border with Scotland. The town features well-preserved medieval walls, the Berwick Castle, and several bridges over the River Tweed Berwick has a selection of leisure and sports clubs, banks, public houses, cafes, restaurants and The Maltings theatre and cinema. There is a main line railway station which has regular trains to both Edinburgh, Newcastle and London, both Edinburgh and Newcastle.
Full Address: 53-55 Marygate, Let First Floor Front Flat, Berwick-upon-tweed, TD15 1AX
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Tenancy Details
Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £6,300 per year / £525 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: First Floor Front
AST: Personal Name
Expiry: 26th March 2025
Passing Rent: £6,300p.a
Type: 2 Bedroom
Area: 872sq ft
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Pricing Information & Bidding
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
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Auction Details
Date & Time: 22 May 2025, 10am-3pm
Type: Timed Online Auction
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