Key Investment Highlights:
- Freehold Property – full ownership and no ground rent
- 3 Spacious Bedrooms
- 1 Family Bathroom
- Private Garden and Yard Area – ideal for families and pet owners
- Off-Street Parking Available
- EPC – C
- Comparable sales within a ¼ mile radius of the property – HERE
- Comparable rentals within a ½ mile radius of the property – HERE
Property Description:
An excellent opportunity to acquire a well-presented three-bedroom terraced property in the popular village of Lynemouth. 63 Dalton Avenue offers strong rental returns and stable tenancy, making it an attractive addition to any buy-to-let portfolio.
Location:
Lynemouth is a coastal village in Northumberland with strong rental demand, especially among families and working professionals. The property is close to local shops, schools, and transport links, providing convenience and lifestyle appeal.
Tenancy & Financials:
- Tenant in situ since May 2024
- Currently on a rolling contract
- Monthly Rent: £575
- Annual Rental Income: £6,900
- Gross Yield: 8.6% at asking price
- *Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants’ right to a peaceful environment. As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*
Ideal For:
- Immediate rental income from day one
- No void period risks with the tenant in situ
- High yield potential in an affordable and growing area
- Freehold asset – long-term security with low overheads
