£100,000

   

ROI = 17% BMV = 26.65%
Description

Two bedroom apartment... A great opportunity to acquire this well presented, third floor flat. Ideally positioned within a popular area of Newcastle Upon Tyne being a short walk to Newcastle Quayside, Ouseburn Valley and the city centre. Built circa 1970's, this two bedroom leasehold property offers double glazing and had a new roof fitted in 2016. The property falls within council tax band A and benefits from low service charge and ground rent costs. The property also provides great investment opportunities if desired. A communal entrance provides access to the third floor flat. The accommodation is comprised of a spacious open plan living/ dining room, benefiting from a great deal of space and natural light. There is a well presented kitchen showcasing a range of units, as well as two generous bedrooms and a family bathroom. One of the bedrooms also offers a balcony, with attractive views. Externally the property offers parking within the private grounds as well as a beautiful communal park to the front of the flat. Newcastle upon Tyne is a beautiful city on the River Tyne in northeast England. With its twin city, Gateshead, it was a major shipbuilding and manufacturing hub during the Industrial Revolution and is now a centre of business, arts and sciences. Spanning the Tyne, modern Gateshead Millennium Bridge, noted for its unique tilting aperture, is a symbol of the 2 cities. It has excellent shopping amenities, as well as nearby schooling. We understand the property is leasehold with 93 years remaining and a service and ground rent charge of approximately £510 per annum. IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWD240722/2

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Property Details
  • Property ID: 156719894
  • Added On: 2025-01-10
  • Deal Type: For Sale
  • Property Price: £100,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Two Bedroom Upper Floor Flat
  • Ideal city location
  • Deceptively spacious accommodation
  • Floor Area - Approximate 688 Sq.ft / 64 Sq.m
  • Council Tax Band - A
  • EPC Rating - C