Property Details

2 bedroom apartment for sale For Sale

Merchants Quay, 46-54 Close, Newcastle upon Tyne, NE1

£175,000

ROI = 10% BMV = -26.96%

Gallery

Description

** QUAYSIDE APARTMENT WITH RIVER VIEWS AND PARKING ** Viewings are advised of this superb property with accommodation to include; Entrance hall, living/dining/kitchen with Juliet balcony, two double bedrooms, ensuite shower room and bathroom. Well located giving access to all the amenities and transport links the City and Quaysides offer. Energy Efficiency Rating C. Council Tax Band D. Entrance Hall Wood flooring, wall mounted electric heater, ceiling spotlights, cupboard housing hot water cylinder and storage space. Kitchen Area Range of wall and base units with worktop surfaces incorporating circular sink unit, integrated electric oven and hob with extractor above, integrated fridge, freezer, dishwasher and washing machine, wood flooring, wall mounted electric heater, ceiling spotlights. Living/Dining Area Double doors to Juliet Balcony, wall mounted electric heater, wood flooring, ceiling spotlights. Bathroom Panel bath with shower above, wash basin, WC, part tiled walls, tiled flooring, ceiling spotlights, electric shaver point, towel rail radiator. Bedroom One Window to front elevation with river views, wall mounted electric heater. Ensuite Shower Room Shower in cubicle, wash basin, WC, tiled walls, ceiling spotlights, electric shaver point, towel rail radiator. Bedroom Two Window to front elevation with river views, wall mounted electric heater. Leasehold Information The remaining term on the lease is approximately 105 years, 125 year lease from 01/10/2005. The service charge is £3,291.65 per annum (2025). Ground rent of £150 per annum. The rent is reviewed every 25th anniversary of commencement date- 26th-50th year £300 pa, 51st to 75th year £600 pa, 76th -100th year £1,200 pa, thereafter £2400.00 pa. Please note we have not inspected the head lease. Material Information Tenure: We have been advised the property is leasehold. Council Tax: Band D. Authority; Newcastle City Council. For current rates please visit Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Broadband: Follow the link to check broadband providers and speeds; Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Parking: There is an allocated parking space with the apartment which requires a fob to access. We have not been advised of any restrictive Covenants at the outset of marketing. An EWS1 is in place confirming no remedial works are required to the building.

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