GROSS RENT / YIELD
£9,000 / 5.1%
NET RENT / YIELD
£6,783 / 3.9%
1 reception room
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
GROSS RENT PER ANNUM
GROSS RENTAL YIELD
NET RENT PER ANNUM
NET RENTAL YIELD
FULLY MANAGED OPERATING COSTS
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.
Cramlington is a town in the county of Northumberland in the north east of England. It is situated on the border of Northumberland and North Tyneside, around 9 miles north of Newcastle and 30 miles north of Durham.
The closest station servicing this town is Cramlington railway station which lies on the East Coast Main Line and is managed by Northern. From this station there are hourly local services to Morpeth in the north, during peak times these continue to Chathill and travel to Hexham southbound.
The Manor Walks shopping centre is the main shopping complex in town and includes national retailers such as Argos, Asda, Boots, Next and Sainsburys. Recent refurbishments in the last decade have improved retail facilities, restaurants and cafes and a cinema in this retail centre.
Cramlington has historically always been a largely industrial zone and this spirit still lives on till today. In the north west of the town there is a sewage treatment plant, which employs several locals. Pharmaceutical companies such as Merck Sharp and Dohme have their factories near here. Other chemical companies including Boots, Aesica Pharmaceuticals and GE Oil & Gas also have large sites in this town.
There is also a selection of local schooling options which could make this location ideal for young families looking for educational institutions in walking distance for their children. For those looking for primary education there is Hareside Primary school educating until the age of 11. Cramlington Learning Village has three sections: The Junior learning Village (for years 7 and 8), The Senior Village (for Years 9 to 11) and The Advanced Learning village (for years 12 and 13).
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