The portfolio comprises 16 self-contained flats within brick built terrace properties. Within the portfolio 15 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 17 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 £77,736 per annum - Subject to undertaking works to bring the properties into a reasonable condition.
DEVELOPMENT/INVESTMENT OPPORTUNITY OF 17 RESIDENTIAL UNITS
Type: Residential, Land, Commercial Land
105 Colston Street, Newcastle Upon Tyne, NE4 8UNGBNewcastle upon Tyne, Newcastle upon TyneNorthumberlandNE4 8UN105, Colston Street
The site is located within the Elswick area of Newcastle approximately 2.5 kilometres (1.5 miles) to the west of the city centre. It benefits from being within close proximity to main road links to Newcastle to the east and the A1 to the west via Scotswood Road.
- Close proximity to local amenities and Newcastle City Centre - Good transport links - Site area 1.32 Ha (3.27 acres)
For Sale - Development Land in Newcastle
Land - Street, Newcastle, NE4 7TXGBNewcastle upon Tyne, Newcastle upon TyneNorthumberlandNE4 7TX53, Caroline Street
A rare opportunity to acquire a residential development site with direct river frontage and the benefit of detailed planning consent for the construction of nine contemporary styled townhouses in two blocks (of 4 and 5 units).
RESIDENTIAL DEVELOPMENT OPPORTUNITY
Residential Development Opportunity, Glasshouse Street St Peters Basin, St. Peters, Newcastle Upon Tyne, NE6 1BSGBNewcastle upon TyneTyne and WearNE6 1BSResidential Development Opportunity, Glasshouse Street, St. Peters
The site extends to 0.148acres and is currently undeveloped. It is bounded by St John Street to the south, an access road to the east and existing buildings to the north and Yates’ Bar to the west. Access is via St John Street linking to Granger Street to the west which in turn connects to Westgate Road and the wider local road network.
- City centre land for sale - Total size of approximately 0.15 acres - Suitable for a variety of uses STPP - Prominent city centre location - Close to local amenitites - Freehold offers invited
Freehold - City Centre Development Opportunity (STPP) in Newcastle Upon Tyne
Land at, St John Street, Newcastle upon Tyne, NE1 5JGGBNewcastle upon Tyne, Newcastle upon TyneNorthumberlandNE1 5JG40, Grainger Street
The site is located within the attractive hamlet of Medburn a sought after semi-rural settlement located approximately 6 kilometres (3.7 miles) to the south west of Ponteland and 15 kilometres (9.4 miles) north west of Newcastle City Centre. Medburn is characterised by large executive residential dwellings set in substantial plots, the highly desirable settlement of Darras Hall is located approximately 1 mile to the east.
- Outstanding residential development opportunity - Site approximately 2.64 Ha (6.52 acres) - Outline planning consent for 14 no. executive dwellings - Disposal of freehold interest
For Sale - Residential Development Opportunity in Ponteland
Land at Medburn, The Avenue, Ponteland, NE20 0BNGBNorthumberland, Newcastle upon TyneNE20 0BN5, The Nursery