9 bed block of flats for sale

Six Apartments Collingwood, Neville And Kenilworth Court, Washington, Tyne And Wear NE37

For sale by online auction on Tuesday, 02 Jun 2026 ending at 11:43

Portfolio of six leasehold flats in Washington, Tyne & Wear, currently income-producing (c.£1,590 pcm incl. Garage) with value-add potential

lot – portfolio of six leasehold flats – washington, tyne & wear

Guide Price: £60,000 – £80,000

An opportunity to acquire a portfolio of six leasehold residential units located in Washington, Tyne and Wear. The portfolio comprises a mix of one- and two-bedroom properties, several of which are income-producing, offering both immediate return and asset management potential.

72 Neville Court, NE37 3DY

Vacant One-bedroom flat. There is separate garage currently let at £35 per calendar month.

100 Kenilworth Court, NE37 3EQ

Two-bedroom flat currently tenanted at £375 per calendar month.

104 Kenilworth Court, NE37 3EQ

Two-bedroom flat with an additional small room adjoining the principal bedroom, suitable as a nursery or study. Currently tenanted at £420 per calendar month. It is understood that this property has recently undergone full double glazing replacement.

99 Collingwood Court, NE37 3ED

One-bedroom flat presented in good condition, having undergone a refurbishment in recent years including kitchen, bathroom, and double glazing. Currently tenanted at £350 per calendar month.

114 Collingwood Court, NE37 3EF

Vacant Two-bedroom maisonette with its own private entrance.

115 Collingwood Court, NE37 3EF

One-bedroom flat currently let at £375 per calendar month, with the tenant due to vacate on 21st May.

Investment Summary

Portfolio of six leasehold residential units

Current rental income (partially let): Approx. £1,555 per calendar month (excluding vacant/owner-occupied units)

Additional income from garage: £35 per calendar month

Scope to increase rental income and letting of vacant units

Asset management opportunity with value-add potential

Attractive guide price reflecting condition and upside

Tenure: Leasehold (all units)

Legal Pack: Available upon request

A compelling opportunity for investors seeking a multi-unit portfolio with existing income and significant potential for enhancement and yield growth.Tenure: Le

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Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.