Property description
A SELECTION OF ONE AND TWO BEDROOM DISCOUNTED OFF PLAN APARTMENTS REQUIRING JUST A 5% DEPOSIT TO EXCHANGE. UP TO 8.91% RENTAL YIELD WITH EXCHANGE DEPOSITS FROM £3200
* North Shields, Tyne & Wear
* 8 miles from Newcastle City Centre
* 27 minutes on the metro into Newcastle
* Direct with developer
* Completion due January 2017
* List prices from £80,000 for a 1 bed apartment, and £105,000 for a 2 bed apartment
Choices have secured a development of apartments in North Shields, Tyne & Wear direct from the developer. The apartments are leasehold with 125 year leases offering up to 8.91% rental yield. With only 5% deposits required to exchange, you can exchange with as little as £3,200.
North Shields is approximately 8 miles from Newcastle City Centre which is just 27 minutes on the local metro system. With major international companies such as Balfour Beatty, Hewlett Packard, Santander and EE, the area is popular for workers. Local agents have confirmed that the demand for properties is strong. We have a limited number of apartments available.
Please note that the properties will require a £1,000 non-refundable developer‘s reservation deposit.
This report is intended for guidance only. All figures are approximate and provisionary. The refurbishment/furnishings specification may change. Choices Acquisitions does not guarantee rental incomes or post refurbishment values in any way. The value of the property can decrease as well as increase. Rental income can decrease and void periods may occur. Please note that no appliances or systems have been tested. Unless advised, no warranty as to condition or suitability is confirmed. Purchasers are advised to obtain verification from their surveyor and/or solicitor. Choices reserve the right to collect a sales fee from the vendor.