Willbrook House, Worsdell Drive, Gateshead, Tyne And Wear, NE8 2AZ

Ideal Investment Opportunity - High Yield Buy-to-Let

Excellent opportunity to purchase a tenanted buy-to-let investment property offering a strong immediate return.

Approx. 12% Gross Yield Close to 10% Net Yield after ground rent and service charge

The property is being sold with a tenant already in situ, providing rental income from day one. This is ideally suited to landlords or investors looking for a straightforward, income-producing asset. Key Information:

Tenant currently in place Strong rental return Ideal buy-to-let investment Tenure: Leasehold Council Tax Band: A Lease Remaining: 125 years Ground Rent: £194.55 per annum Service Charge: Approx. £300 per quarter Ground Rent Review Period: TBC

Situated in the desirable Ochre Yards development above Gateshead Quayside, is also in the perfect location for access to all transport links and amenities with both Gateshead and Newcastle City Centre.

This is a generous studio apartment located on the third floor of the Willbrook House development block. The living space has ample room for a double bed, dining area and plenty of storage. There is also a double balcony leading of the living space with great views over the development, giving the space an airy, open and light feel.

The open plan kitchen consists of modern integrated appliances including washing machine, cooker with double hob and fridge freezer. There is a good sized bathroom to the rear of the apartment with a walk-in shower.

There is communal access to the development with secure entry via coded entry.

Additional Notes Please note: all appliances and services have not been tested by WPG Sales & Lettings. A copy of the lease is available upon request. We recommend that your solicitor reviews the lease to check for any restrictive covenants.

Important Notice for Purchasers At WPG Sales & Lettings, we strive to ensure all listing details are as accurate and up to date as possible. However, these particulars do not constitute or form part of any offer or contract and should not be relied upon as statements of fact. Any services, systems, or appliances listed have not been tested and are not guaranteed. Floorplans, measurements, and other layout information are provided for guidance only and should be independently verified. For further information or clarification, please contact us directly.

Submitting an Offer All offers must be supported with full financial verification, including: A mortgage Agreement in Principle (where applicable) Proof of deposit or available funds Full chain details, including contact information for selling agents and solicitors involved

In accordance with current Money Laundering Regulations, proof of identity will be required from all prospective buyers before an offer can be formally accepted.