*Investment Opportunity- Portfolio of 4 Properties in Heaton- All Let until Summer 2024*

Bricks & Mortar are pleased to offer this opportunity to purchase a collection of properties in the increasingly popular Heaton district of Newcastle. With excellent rental history without voids and popular with both the student and professional market, this portfolio generates a gross yield of 5.9% with the scope to increase rents following the end of current tenancies significantly.

The properties are located on various streets in Heaton and are a mix of two ground floor two beds, a two bed upper and a three bedroom house. The house is on a freehold basis whilst the individual flats are on ‘Peppercorn’ Leases (no services charges).

The collective rent achieved at present is £32340pa.

The owner is also open to selling some of the properties individually.

For further details or to arrange any viewings, please contact the sales team at Bricks & MortarDisclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.

Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.

The particulars, various plans, photographs, descriptions and measurements have been carefully prepared,but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5.

Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.

KEY FEATURES

• Investment Opportunity
• Tenanted until Summer 2024
• Popular with Students or Professionals
• £32340pa

• All Located in Heaton
• Freehold/Peppercorn Leases
• Portfolio of 4 Properties