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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Investment Opportunity
  • Achieving £8400 pa
  • Tenanted until May 2020

Listing view statistics

Last 30 days: 200 page views

Since listed: 2274 page views

Description

An ideal purchase for an investor. A very well presented apartment in this modern development, occupying a central plot. Nearby amenities and attractions include the Centre for Life, Newcastle's vibrant quayside, the city centre with its range of shops, bars and restaurants plus the train station which is on the East coast mainline.

The accommodation, situated on the fourth floor briefly comprises; communal entrance hall with lift and stairs to upper floors, entrance hallway, open plan lounge/dining kitchen with integrated appliances, double bedroom and bathroom/WC. There is secure entry phone system, a balcony from the lounge overlooking the development courtyard as well as an allocated parking space in the nearby Times Square car park.

The property is tenanted until May 2020 achieving £8400 pa - approx 7.3% yield.

Entrance

With two built-in cupboards and a radiator.

Open Plan Kitchen Diner (22' 10'' x 10' 1'' (6.95m x 3.07m))

The kitchen is fitted with a range of wall and base units, built-in electric oven and hob, integrated fridge/freezer, spotlights, double glazed window and double glazed French doors leading to the balcony.

Bedroom (14' 7'' x 13' 0'' (4.44m x 3.96m))

The bedroom has a double glazed window to the side, television aerial point, radiator and spotlights.

Bathroom/wc

The bathroom has a white three piece suite comprising; panelled bath with mains fed shower over, pedestal wash hand basin and a low level wc. There are part tiled walls and a radiator.

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Newcastle 0.2 miles
  • Manors 0.8 miles
  • Our Lady and St Anne's RC Primary School 0.2 miles
  • St Paul's CofE Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Newcastle 0.2 miles
  • Manors 0.8 miles
  • Our Lady and St Anne's RC Primary School 0.2 miles
  • St Paul's CofE Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in NE1:

  • £166,180
  • Price increase

  • £5,812
  • (3.624%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £159,655
  • Properties sold

    47

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in NE1 is currently:

£689 pcm

Recent sales nearby

See all recent sales in NE1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
17th Apr 2019 £115,000 Price reduced by £5,000
6th Dec 2018 £120,000 First listed
18th Aug 2016 £108,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Rook Matthews Sayer - Jesmond. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rook Matthews Sayer - Jesmond for full details and further information.