ROI = 14% BMV = 2.16%
Description

Located in a former bank building, close to city centre amenities, is this ground and basement floor maisonette. The current owners have carried out renovations to the property. To the ground floor is an open plan entrance/lounge, kitchen, dining room/bedroom, further bedroom and bathroom. Stairs lead down to the lower floor level with accommodation comprising of landing, three bedrooms and two bathrooms. The property benefits from double glazing where stated. The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended. Council Tax Band: A EPC Rating: C PRIMARY SERVICES SUPPLY Electricity:  Mains  Water:  Mains   Sewerage:  Mains   Heating:  Gas  Broadband:  Fibre   Mobile Signal Coverage Blackspot:  No  Parking:  On Street 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. TENURE It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs. Length of Lease:   964 years remaining as at February 2025 Ground Rent:  £30 pa (the current owner has advised there are four ordinary shares which have been issued to the four owners, therefore the ground rent is not payable).

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Property Details
  • Property ID: 159779180
  • Added On: 2025-03-26
  • Deal Type: For Sale
  • Property Price: £225,000
  • Bedrooms: 5
  • Bathrooms: 1.00
Amenities
  • Ground and basement level maisonette
  • Five bedrooms
  • One reception room
  • Three bathrooms
  • Leasehold
  • 964 years remaining as at February 2025
  • Ground rent £30 per anum
  • Council Tax Band C
  • EPC Rating B