No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£55,000
Added > 14 days

1 bedroom flat for sale

Canterbury Way, Jarrow, Tyne And Wear
Virtual tour
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Flat
1 bed
1 bath
EPC rating: D*
430 sq ft / 40 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Ideal for landlords: Tenant in place, wishes to stay.
  • Rental income: £475 per month.
  • Attractive yield: 10.36% return.
  • one-bedroom flat on the second floor.
  • Parking: Includes a garage in a nearby block.
  • Modern amenities: Kitchen with integrated appliances.
  • Updated bathroom: Contemporary shower room.
  • Outdoor access: Communal gardens.
  • Leasehold: 105 years remaining. System
  • Additional details: EPC rating D (58), Council Tax Band A, virtual tour available.
Located the the popular Fellgate Estate close to local schools, shops and Fellgate Metro with links to both Newcastle and Sunderland. We offer for sale with a tenant wishing to stay paying £475 PCM. This one bedroom second floor flat provides an ideal investment property.

On entering the property via a security entry system is the entrance communal hallway with staircase. Wooden entrance door to the flat hall, master bedroom, shower room, lounge/diner and kitchen. Externally there is a communal grassed area and a single garage in a separate block. 

TENURE The flat has a lease of 105 years remaining from 1st March 2005. There is a service charge of £110 PCM and is reviewed yearly. The owner has advised our office the residents committee are in the process of seeking a new management company to reduce the monthly service charge.  

GROUND FLOOR There is a security intercom system to open the front door of the main building to the communal hall and staircase. The flat is located on the second floor which is only accessed via the stairs.  

SECOND FLOOR Wooden security door to the flat hallway. 

HALLWAY A long hallway with built in storage cupboard, laminate flooring, ceiling spot lighting. 

LOUNGE/DINER 16' 3" x 10' 6" (4.97m x 3.22m) A spacious room with large uPVC double glazed window with views over the front lawn area, electric heater, laminate flooring, ceiling spot lighting. 

KITCHEN 7' 8" x 7' 1" (2.34m x 2.16m) Fitted with a modern range of wall and base units, complimentary work tops, cladded walls and splash backs, integrated oven and electric cooking hob with extractor over, integrated fridge/freezer and plumbed space for a washing machine, sink and drainer with mixer tap, laminate flooring, ceiling spot lighting, uPVC double glazed window. 

SHOWER ROOM 6' 3" x 5' 4" (1.92m x 1.63m) corner shower cubicle with electric shower, Wash basin with base storage cupboard, WC, cladded panel walls, laminate flooring, extractor fan, 

BEDROOM 12' 9" Max x 9' 10" (3.90m x 3.00m) uPVC double glazed window, electric heater, built in wardrobe and storage cupboard. 

GARAGE There is a single garage at the end of a block opposite the main building.  

HEATING Electric heating only. 

GLAZING uPVC double glazed windows only. 

COUNCIL TAX The property is in Council Tax band A. 

ENERGY EFFICIENCY EPC rating D (58). Please speak to a member of staff for a copy of the full Energy Performance Certificate. 

VIEWINGS We have created a virtual tour which can be viewed on our YouTube channel, our website, property portals and our social media accounts such as Facebook, Twitter and Instagram. To arrange a viewing please contact the office.  

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed. 

MORTGAGE ADVICE We have independent mortgage advisers within our branch, who will search the whole market to find the best suitable mortgage and help you progress through the process. Contact our office to arrange a telephone or office appointment.  

AGENTS NOTES Whilst we endeavour to make our particulars accurate and reliable, they should not be relied on as a statement or representations of fact, and do not constitute any part of an offer or contract. The owner does not make or give, nor do we or our employees have authority to make or give any representation or warranty in relation to the property. We have not checked or tested any appliances mentioned (including heating systems or electrical fittings) therefore working order cannot be confirmed. All measurements are given to the nearest 5cm.  

Property information from this agent

Places of interest

    Based in Stanley and established in 1980 we are a family run firm of Estate Agents with a vast experience of selling and renting properties in the Derwentside area of county Durham. Over the past few decades, David Bailes Property Professionals has grown to become a passionate, independent estate agency providing a high level of customer service, expertise and knowledge of the property industry. Headed by partners who take an everyday hands-on approach, our experienced and proactive team know the area and know what it takes to meet client expectations. We pride ourselves on working very closely with our customers to provide an unrivalled level of service and advice. Our Services Whether you are buying, selling, renting, or a landlord looking to let a property you will find that we work longer and harder with care and attention to deliver the best service for you. With professional marketing, enhanced photography, floor plans, accompanied viewings and informative feedback - we have all you need to buy, sell or rent a property. All properties are marketed through online marketing via all the major property websites, social networking and our own live website together with traditional methods such as boards, window displays and newspaper advertisements. To discuss your property needs contact us to find out how we can put our knowledge and services to the test for you. Call us on the number displayed or press the Contact Agent button. We look forward to hearing from you.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 16, 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

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 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 September 17, 2012 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

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