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Midlothian Court, Gateshead

Property Sales

June 19, 2025

Currently Available

We're delighted to present this new investment opportunity for your consideration as a valuable addition to your investment portfolio.

Summary & Financials

Purchase Price - £115,000

25% Deposit - £28,750

Stamp Duty - £5,750

Discovery & Processing Fee - £4,794

Legals - £1,600

Mortgage Fees - £1,000 (approx)

Total Cash Required - £41,894

Market Rental Income - £900pm

Management Fees - £90pm

Service Charge - £106pm

Ground Rent - £14pm

Mortgage @ 4.49% - £322pm

Net Profit - £368

✅Our Exclusive Price- £115,000

✅Market Value - £125,000

✅Market Rental Income £850 pcm

Holland Asset Management are delighted to offer our investors a fantastic investment opportunity to purchase this below market value one bedroom apartment for only £115,000!

Spacious accommodation overlooking the courtyard to include; Entrance hall, bathroom, double bedroom and open plan living/dining/kitchen area. Benefits include; Allocated parking, double glazing and electric heating. Currently tenanted with an income of £800 pcm, current market value rent £900 pcm. Energy Efficiency Rating C. Council Tax Band B.

For comparable evidence that showcases how compelling this opportunity is please visit the following links:

Seller: https://report.homesearch.co.uk/view/NTQzMWRhODEyNmU5Y2QxZWRiMDc0NGMxNGUxZDA5ZDQ=

Lettings: https://report.homesearch.co.uk/view/MTc0OTc3NGFlZjViODYxODkwZjlhMDY3Yzg4YmZhYmE%3D

With Savills’ predicted growth rate for this area of 28.2% in the next 4 years, and with it being a key hotspot for growth & tourism, an investor will witness healthy capital appreciation in the years to come!

*reference: https://www.savills.co.uk/insight-and-opinion/research-consultancy/residential-market-forecasts.aspx