3 bedroom flat for sale

Conveniently located with excellent transport links nearby, including regular bus routes, this flat offers easy accessibility to various amenities. It is also within close proximity to the award-winning Saltwell Park, offering the perfect balance of convenience and leisure.

A larger style first-floor flat with no chain involved perfectly suited for first-time buyers or investors.

Based on an estimated rental income of up to £800 per calendar month (£9,600 per annum), the property offers a strong gross yield of approximately 10.7% against the asking price of £90,000.

With a valid EPC Grade D until August 2030 and an EICR until 2nd July 2030.

Please note that the flat falls within the Gateshead Selective Licensing Scheme, ensuring compliance with local regulations and providing further details available via the Gateshead Council website.

Step inside and be greeted by the entrance lobby, leading to the first-floor landing. The lounge exudes elegance with ornate cornicing, a ceiling rose, and a feature fireplace, creating an atmosphere of timeless charm. Three bedrooms provide ample space for tenants or potential occupants.

The kitchen is equipped with a built-in oven and hob, plumbing for a washing machine, and space for a fridge/freezer. A wall-mounted combi boiler ensures convenience and efficiency. A white bathroom/WC completes the accommodations, offering functionality and style.

For your comfort, the flat benefits from a combination gas heating system and mostly double glazing, ensuring a cozy and energy-efficient environment.

Outside, a rear yard provides outdoor space for leisure and relaxation.

We understand the property is on a Tyneside Leasehold of 999 years from January 2003, with approximately 976 years remaining and no ground rent or service charges applicable. Full details will be confirmed by solicitors, providing clarity and confidence in your investment.

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.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QLF220202/2