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9 bed property, in Six Apartments Collingwood, £60,000
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9 bed property

Six Apartments Collingwood, Neville And Kenilworth Court, Washington, Tyne And Wear NE37
£60,000
AuctionLeasehold

The property is a portfolio of six leasehold flats located in Washington, Tyne and Wear. The portfolio consists of a mix of one- and two-bedroom properties, with some units currently tenanted and producing rental income. The properties have a mix of conditions, with some having undergone recent refurbishments and others remaining vacant. A garage at 72 Neville Court is currently let separately for £35 per month, adding to the reported income of approximately £1,555 per month from tenanted units. The properties have different EPC ratings, and the portfolio has value-add potential for increasing rental income and letting the vacant units.