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2 Bed Flat, Single Let, Gateshead, NE8 3QY £135,000

Baltic Quay, Mill Road, Gateshead, NE8 3QY - 2 years ago
  1. Deal Search
  2. Gateshead
  3. NE8
  4. NE8 3QY
Leasehold
BTL
ROI: 10%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £135,000

June 30, 2023

Floor Plans

Description

  • Two Bedrooms +
  • Riverside Development +
  • Investment Opportunity +
  • Undercover Resident Parking +
  • No Onward Chain +
  • Open Plan Living Accommodation +
  • Caretaker Service +
  • Energy Efficiency Rating C +

TWO BEDROOM APARTMENT LOCATED ON THE GATESHEAD QUAYSIDE Offered with no onward chain, this apartment benefits from floor to ceiling windows, lift access and caretaker service. Situated in Baltic Quay, next to the Millennium Bridge, this two bedroom apartment offers fantastic access into the City Centre and all the amenities of the Quayside. With two bedrooms, this apartment, provides all the benefits of City Living, including a part time caretaker service. The accommodation provides; open plan living room/kitchen, two bedrooms and a bathroom. Energy Efficiency Rating C. Council Tax Band C.

Entrance Hall
Two storage cupboards, one housing hot water cylinder, entry phone system.

Open Plan Living Room/Kitchen
3.52m x 6.72m (max)
Living Area
Double glazed windows, wall mounted electric heater, television aerial and telephone point.
Kitchen Area
Range of wall and base units with work surfaces incoporating; stainless steel sink unit with mixer tap, electric oven and hob with extractor fan above, built in fridge/freezer, dishwasher and washing machine.

Bedroom One
3.26m x 4.06m (max)
Double glazed window to side elevation, wall mounted electric heater, fitted wardrobe.

Bedroom Two
4.06m x 1.98m (max)
Double glazed window to side elevation, wall mounted electric heater.

Bathroom
Panelled bath with shower overhead, pedestal wash hand basin, WC, extractor fan, heated towel rail, electric shaver point, part tiled walls.

Leasehold Information
We have been advised at the outset of marketing the property is Leasehold with an approximate service charge of £3078 per annum, this includes a reserve fund contribution of approximately £940pa. We are advised the ground rent is £150.00 per annum. The ground rent is reviewed every 21st anniversary of the commencement date of the lease and increases by the percentage difference between the review value and the first value of the property. There is approximately 227 years remaining on the lease. Please note we have not inspected the head lease.

Please be advised the building has a compliant EWS1 (External Wall Survey).

Material Information
Tenure: Leasehold.
The block is managed by RMG UK.
Council Tax: Band C. Authority; Gateshead Council. For current rates please visit;
Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property.
Broadband: Follow the link to check broadband providers and speeds;
Mobile Phone Coverage: Follow the link to check mobile signal for all networks;
Parking: There is a parking bay available, pemit required.

You would need to instruct your solicitor to review the lease for any restrictive covenants, we have not been advised of any at the outset of marketing. Please note the lease can be made available upon request.

Agent Details

Living Spaces, Newcastle Upon Tyne

0191 625 0268

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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