• Three Bedroom First Floor Flat +
• Ideal For First Time Buyers or Investors +
• No Chain Involved +
• Approx. Floor Area: 78 sqM or 839.58 sqFT +
• Council Tax Band A +
• EPC RATING D +

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.