2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (107 years remaining)
- Investment opportunity
- Prime Quayside location
- Resident parking
- Open plan living
- Leasehold - 108 years remaining
- Close to amenities
- En-suite facilities
- EPC – B (82)
An opportunity to acquire this two bedroom flat boasting an open-plan layout, resident parking and plentiful of potential, situated on Newcastle’s Iconic Quayside. The property would make an ideal purchase for investors, first time buyers and young professionals alike.
DESCRIPTION
As you enter through the front door, you'll step into a spacious hallway leading into the living area. This area includes a generously sized open-plan kitchen, dining, and living room. The kitchen is equipped with a variety of wall and base units, along with integrated appliances such as a dishwasher, oven, 4-ring hob, and hood. There are two bedrooms, one of which has its own en suite shower room. The accommodation is completed by a bathroom featuring a toilet, handwash basin, and a bath with a shower overhead.
The apartment is accessed from Hanover Street and offers a secure communal entrance with an intercom system. Stairs and an elevator provide access to all floors. Additionally, the apartment comes with resident parking.
The property presents an ideal investment opportunity, as it currently has a tenant in place until June 2024.
LOCATION
Situated in the desirable Hanover Mill, on Newcastle’s vibrant Quayside, this development is situated in a perfect location for young professionals or city workers to call home, providing a wealth of entertainment from both the Quayside and Newcastle City Centre.
This apartment is within striking distance of Newcastle’s abundance of offices, universities, and amenities, including the BALTIC Contemporary Centre of Art, shops, restaurants, and bars. There are excellent transport and road links offering easy accessibility to Jesmond, Gosforth, Gateshead’s Metrocentre, and the A1, as well as Newcastle Train Station, just a short 5-minute walk away, with direct lines both North and South.
SERVICES
Mains water, electricity and drainage are connected. Double glazing throughout.
COUNCIL TAX BAND
Newcastle Upon Tyne - D
TENURE
Leasehold -125 years from 27 November 2006
Service Charge - £3000 p/a l Ground Rent - £389p/a
*This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.*
Places of interest
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*DISCLAIMER
Property reference GSF230153. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall - Gosforth.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 21, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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