Overview
Two-bedroom freehold flat on Charles Street, Boldon Colliery NE35. Fully tenanted at £551 pcm — 9.8% gross at the £67,500 asking price. Freehold title at under £70K is exceptional value in the North East flat market.
The Deal
Charles Street sits in the heart of Boldon Colliery, a consistent rental area with low vacancy rates. Freehold ownership means no lease extension costs, no freeholder risk, and better long-term asset value. At under £70K with a near-10% yield, the maths works for cash buyers and clears most BTL lender stress tests on leveraged purchases.
Key Numbers
Asking Price: £67,500 | Rent: £551 pcm | Gross Yield: 9.8% | Tenure: Freehold | Bedrooms: 2 | Status: Tenanted
Investment Pack
Pack includes the AST, EPC, condition report, and leveraged return modelling at current BTL rates. Sent same-day on request.