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Offers in excess of
£80,000

2 bedroom flat for sale

Newcastle Upon Tyne NE4
Flat
2 beds
1 bath
742
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 92 yrs left
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

A spacious two/three bedroom Maisonette occupying a convenient and popular position within close to Newcastle City-centre and St James' Park. The accommodation is laid over two floors and presents in good order. Externally there is a private balcony with a pleasant outlook over a green. There is both lift and staircase access to all floors and a shared resident car park. The location is within easy walking distance of amenities and transport links. We anticipate this should appeal to a variety of buyers, including investors because of the strong rental potential and returns. Viewings are highly recommended - there is no forward chain.

Entrance Hall
Cloaks area, Stairs down to bedrooms and bathroom.

Lounge-Diner (16' 6" by 9' 3" (5m 4cm by 2m 81cm))
Double glazed window, TV Satellite link.

Kitchen (17' 6" by 6' 4" (5m 34cm by 1m 93cm))
Wall and floor units with worksurfaces over, Sink and drainer unit with mixer tap, Electric cooker point with extractor hood over, Plumber for washing machine, Wall mounted boiler (hot water), Double glazed window.

Lower Hall
Built in storage cupboard.

Bedroom One (15' 10" by 9' 3" (4m 82cm by 2m 82cm))
(Originally two bedrooms) Two double glazed windows.

Bedroom Two (15' 11" by 9' 4" (4m 84cm by 2m 84cm))
Double glazed French doors to the balcony.

Bathroom (6' 3" by 4' (1m 91cm by 1m 21cm))
Bath with shower head attachment, Wash hand basin with vanity unit, WC, Double glazed window, Tiled walls.

Box Room
Shelved with power and light.

External
Decked balcony patio. Bin store and ancillary storage cupboard next to front door. Resident car park.

Tenure
Leasehold - 92 years remaining.

Services
Main electricity, water and drainage.
Council tax band A.
EPC D Rating.
Ground Rent: 10 per year
Service Charge: 37.95 per week

Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Agents Notes
The indication of a potential 13 ROI is based on the assumption of rent being achieved on this property at 975pcm, against the current asking price of 90,000. This percentage would clearly vary if either the asking price or the rent received were either higher or lower than these figures.

Property Background
This property was originally a three bedroom maisonette, however, the previous owner opened up bedrooms one and three to create two larger bedrooms and a box room. It is therefore possible to re-instate the accommodation to three bedrooms, if desired.

About this agent

A & G Land & Property Agents -  Westerhope
A & G Land & Property Agents - Westerhope
Anderson House, Crispin Court, Newbiggin Lane Westerhope, Newcastle upon Tyne NE5 1BF
0191 490 6101
Full profileProperty listings
Headed by award winning property expert Gareth Jones, A&G Land & Property Agents provides an exclusive one-to-one service for every client. Instead of focusing on volume, we are instead focused on quality of service, specialist advice and on delivering absolute success for our clients. This approach has already ensured tremendous sales results for a wide variety of properties throughout the North East, including the Tyne Valley and Newcastle. Gareth works directly on each sale, from start to completion, providing an unrivalled and truly bespoke service. This includes: All initial valuations Guidance on individual marketing Personally accompanying all prospective purchasers around the properties Negotiating each sale Liaising through the conveyance stage Smoothing out any snagging With over 20 years' experience in property, Gareth has extensive knowledge and expertise operating in both a buoyant and stagnant market. His agility, energy and insight has seen him win an impressive eight consecutive industry awards for excellence. Primarily, vendors are usually selling their largest asset. To maximise this asset value, it requires a professional expert, with experience and a proven record of success. Absolute success cannot be guaranteed by simply playing the numbers game and hanging your property 'out for sale' on one of the major website platforms. It requires a considered approach, taking account of all the subtleties, which can have a dramatic effect on the overall outcome. What A&G provide is direct expert-involvement at every stage of the sale process - and we do this to ensure each client 'absolute' success at all levels - which includes maximum achievable price, not just a sale.
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