Fern Dene Road

2-Bed Ground Floor Flat | Fern Dene Road, NE8 4RU Overview 2-bedroom ground floor flat let at £660 PCM to a fantastic tenant (in situ since August 2022). Located in the ever popular “Avenues” area, close to Saltwell Park, in a desirable area with a mix of owner-occupiers and investors. Fully refurbished to a high standard within the last 5 years. Investment Highlights Gross Yield: ~7.9% Tenant in Situ: Since August 2022 Leasehold: 979 years remaining Recent comprehensive Refurbishment completed Local Amenities Saltwell Park: Minutes away Trinity Square: Shops, dining, cinema Low Fell: Independent bars, restaurants Gateshead/Newcastle Quayside is within 25 minutes walking distance Transport Links Newcastle Central Station: 10 mins by car Gateshead Interchange: Metro & bus services A1(M): Quick regional access Newcastle Airport: 20 mins by car Key Facts Tenure: Leasehold (979 years) – Tyneside lease, no service charge, peppercorn ground rent. Rent: £660 PCM Size: 624 ft² / 58 m² EPC: 62 (D) / Potential 74 (C) Council Tax: Band A (£1,634 est.) Built: 1900–1929