1 bed flat

The property is a ground floor flat on the Loup Farm Estate in Blaydon, consisting of an entrance hall, lounge, kitchen, one bedroom, and a bathroom with wash basin and W/C. The kitchen is fitted with wall and base units, an integrated oven, and an under-counter fridge. The flat has a shared lawned communal garden and on-street parking is available. The property has electric heating and water, a council tax band of A, and is leasehold with 105 years remaining on the original 125-year lease. The annual ground rent is £106 and the annual service charge is £2,556, which is expected to be reduced once certain repairs are paid for. The flat is tenanted for £475 per month, with a potential yield of over 11%.