£60,000

   

ROI = 17% BMV = 60.88%
Description

A one bedroom retirement flat for the over 60s placed within this popular residential development just off the High Street in central Gosforth. The property benefits from secure communal entrance, lift access and resident’s lounge. Briefly comprising entrance hallway with storage cupboard housing hot water cylinder, sitting room, fully fitted kitchen and bathroom with shower. It also features electric heating and UPVC double glazing. Tenure: Leasehold 150 years from March 2018 (144 years remaining) Ground Rent: £582 per annum - Review Period: TBC - Increase Amount: TBC Service Charge: £1700 per annum - Review Period: TBC - Increase Amount: TBC Council Tax Band: A EPC Rating: C PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains  Heating: Electric & night storage  Broadband: Unknown  Mobile Signal Coverage Blackspot: No  Parking: Communal Parking  MINING The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any.  RESTRICTIONS AND RIGHTS Restrictions on property? "Yes – Over 60’s age restriction, No pets without prior consent, no running a business & no parking boats, caravans or mobile homes on site. ACCESSIBILITY This property has accessibility adaptations: • Suitable for wheelchair users • Ramped access • Wide doorways • Lift access to floor

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Property Details
  • Property ID: 155702501
  • Added On: 2025-02-03
  • Deal Type: For Sale
  • Property Price: £60,000
  • Bedrooms: 1
  • Bathrooms: 1.00
Amenities
  • Retirement flat for the over 60s
  • Secure communal entrance
  • Lift access
  • One bedroom
  • Resident's lounge
  • Fully fitted kitchen
  • Tenure: Leasehold
  • EPC Rating: C
  • Council Tax Band: A