Name: 2 bedroom Flat for sale, Newcastle upon Tyne, Tyne and Wear, NE1
Brand: Reeds Rains
SKU: GOS230204
Price: 160000 GBP
Availability: InStock

Property ref: GOS230204

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Key Features

Council Tax: Newcastle City Council Band C

Tenure: Leasehold. 183 year lease

Maintenance charges (per annum): £3,184.96

Two Bedrooms
Bathroom and Ensuite shower room
Utility cupboard in hall with washing machine
Open plan living room Kitchen
Integrated appliances

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Property details

Are you seeking an investment opportunity in Newcastle's city centre?
Discover urban living at its finest in this two-bedroom apartment situated on the third floor of a city centre building. This apartment will be tenanted, offering an immediate rental income to the savvy investor. You can enjoy the financial benefits from day one.

The daily hustle and bustle of city life, as well as long-distance travel, are all effortlessly accessible. The Centre for Life, a hub of cultural and scientific exploration, is right around the corner. Not to mention, it's ideally placed for the Newcastle Central Train Station.
The open plan layout enhances the sense of space and modern living, making it an attractive proposition for professionals and couples.

The property's most significant advantage is it will have an active tenancy. It's an investment that starts paying off from day one. Imagine the peace of mind and financial stability this affords as you begin your investment journey.
Get in touch with us today to explore this investment prospect.

Currently let on a 6 month basis from 6th November 2023 at £1100 pcm.

Broadband Estimated Speed/Availability
Standard: 15 Mbps Superfast: - Ultrafast: 1000 Mbps
Satellite and Cable TV availability: Virgin Media, Openreach

Mobile coverage is offered by: EE, Three, O2, Vodafone

Mining
The seller does not know if the property is situated on a coalfield. Given the renowned mining history in the North East region, it's advisable to consult a conveyancer to ascertain any potential implications on the property.

Flood Risk
River and Sea: Very Low
Surface Water: High
Other Flood Risk: Unlikely
The risk indicators mentioned are sourced from the Gov.UK website. It is advisable to confirm this with a legal representative. For further details, please refer to the government website.

Conservation Area
We will inform you if we are aware that this property is situated in a conservation area. It is essential for you to verify this with a legal representative regardless.

Tree Preservation
We will inform you if we are aware that this property has a tree preservation order. It is essential for you to verify this with a legal representative regardless.

Planning/Development
We will inform you if we are aware of any planning or development plans at this property or in the surrounding areas. The vendor may not have complete awareness of all planning and development applications in the nearby areas, therefore it is essential for you to verify this with a legal representative regardless.

Accessibility
Should you have any enquiries regarding accessibility or require further information on this matter, please do not hesitate to contact the office.

Picture	Room	Measurements
	Communal entrance with lift and stairs
	Recption Hall
	Bathroom	3.07m x 2.11m
	Bedroom 1	2.27m x 2.90m
	En-Suite Shower Room	2.36m x 1.40m
	Bedroom 2	2.46m x 3.38m
	Open plan living room kitchen	3.78m x 6.07m
	Kitchen Area

IMPORTANT NOTE TO POTENTIAL PURCHASERS: 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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

EPC

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

Potential

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

Stamp Duty

Use our calculator to see how much Stamp Duty you may pay if you buy this property.

Interested in this property?

Reeds Rains Gosforth Estate Agents

0191 2844853

gosforth@reedsrains.co.uk

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This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment with our partners, Embrace Financial Services to receive mortgage advice suitable for your needs and circumstances. The data entered into the mortgage calculator must be accurate and up-to-date.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.