Coach Lane, Newcastle


This 2 bed flat in an affluent area was being sold due to the vendors financial situation. More than anything, the vendor needed a reliable sale from a buyer that wouldn’t fall through. We had several buyers seeking the property, due to the high yield and great price – and the final buyer was a London based consultant who has built a substantial part of their portfolio through opportunities from We Sell BMV.  In need of nothing but new carpets, the property was rented quickly and for a great price, giving substantial cashflow to the buyer.

Discount Available: 21%

Property Type: 2 bed flat

Open Market Value: £80,000

Net Purchase Value: £62,000

Equity Bonus: £18,000

Estimated Rental: £500pcm

Yield: 9.7%

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