2 bedroom apartment for sale
Key information
Features and description
- First Floor Apartment
- Gas Central Heating
- UPVC Double Glazing
- Great Views
- Currently Gross Yield of Up To 13%
- Current tenant is on a 30 day rolling contract
The location offers strong tenant appeal, with excellent road links providing easy access to the A1 and frequent bus services connecting to Newcastle, Gateshead, and surrounding areas. The QE Hospital is also conveniently close, further enhancing rental demand.
The accommodation briefly comprises a secure communal entrance with a lift and stairs to all floors, a welcoming hallway, a generous lounge, two well-proportioned bedrooms, a fitted kitchen, and a bathroom.
The property is currently tenanted, generating an income of £510 per calendar month, and is held on a rolling 30-day tenancy, offering flexibility for both investors and owner-occupiers.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 106
Annual Service Charge Amount: £1,206.00
Rooms
Communal Entrance
Secure entrance system, stairs and lift to all floors
Entrance Hall
Radiator, laminate flooring, two built-in cupboards
Living Room 3.80m x 6.40m (12ft 5in x 20ft 11in)
Three UPVC double glazed windows enjoying great views, laminate flooring, radiator
Kitchen 1.90m x 4.60m (6ft 2in x 15ft 1in)
Fitted in a range of wall and base units, electric hob and oven with extractor over, UPVC double glazed window
Bedroom One 4.60m x 3.80m (15ft 1in x 12ft 5in)
UPVC double-glazed window, radiator
Bedroom Two 3.80m x 3.20m (12ft 5in x 10ft 5in)
UPVC double glazed window, radiator
Bathroom 1.60m x 2m (5ft 2in x 6ft 6in)
Three piece suite comprising panelled bath with electric shower and glazed shower screen, WC, pedestal wash basin, radiator, part tiled, extractor fan
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