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2 bedroom apartment

Sold STC
Apartment
2 beds
1 bath
602
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 101 yrs left
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Being Sold via Secure Sale Online Bidding T&C's Apply
  • Second-floor flat with inward-facing position, offering peace and quiet
  • Secure underground parking and lockable bike storage
  • Lift access directly to the flat and basement
  • Spacious lounge/diner with patio doors to sunny private patio
  • Separate kitchen with potential for open-plan conversion
  • Main bedroom with en-suite shower room
  • Resident's gym on-site, popular for renters or lodgers
  • Rental potential of £1,500pcm - Ideal for investors or buyers looking for a project, this property offers a great chance to add value in a well-located, secure development
This charming 2-bedroom flat offers fantastic potential for anyone looking to add value, whether you intend to live in it personally or let it out. While some cosmetic updating is required throughout, the realistic asking price reflects this, making it an excellent opportunity to create your ideal home or investment property.

Located on the second floor, this apartment enjoys a peaceful setting as it faces inward, ensuring it is much quieter than others in the building with no road or traffic noise from the main road. The flat benefits from secure, electric gates providing access to an underground parking space and lockable bike storage. The lift offers easy access directly to and from the flat, including the basement.

Upon entering, you are greeted by a hallway with a convenient storage cupboard. The spacious lounge/diner features patio doors that lead out to a sunny private patio, overlooking a peaceful courtyard — a perfect spot to unwind. The separate kitchen is equipped with space for a fridge/freezer, dishwasher, washing machine, and an integrated oven/hob. It is separated by a stud wall, which could easily be removed if you prefer an open-plan layout.

The main bedroom boasts its own en-suite shower room for added convenience and privacy. In addition, the building offers a resident’s gym, which is particularly popular with renters or lodgers, making this property an appealing choice for investment.

With 101 years remaining on the lease, ground rent of £240 per annum, and an annual service charge of approximately £1,968 (£164 per month), this property offers an attractive rental potential of around £1,500 per month.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 101
Annual Ground Rent Amount: £240.00
Annual Service Charge Amount: £1,968.00
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About this agent

Pattinson - South West Auction
Pattinson - South West Auction
Mercantile House Kingfisher Way, Wallsend NE28 9NY
023 8234 1376
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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