1 bed flat for sale

Pandongate House, City Road, Newcastle Upon Tyne NE1

A well proportioned one bedroom ground floor flat sited within the contemporary Pandongate House development in Newcastle City Centre. Formerly a Victorian warehouse facility, the attractive period building was converted in 2004 by Charles Church. It is currently tenanted at £885pcm, providing a healthy potential ROI of 8.2% (Gross rent against guide price). The location is ideally placed for city centre amenities, nearby transport links and the flourishing, ever-popular Quayside. Viewings are highly recommended.

Pandongate House

Pandongate House is a former Victorian bonded warehouse located on the corner of City Road, close to the city centre and with immediate views of the Quayside in Newcastle. The attractive brick building comprises 64 apartments of individual open-plan design and with good specifications. The contemporary loft-living vibe and prime location make them an ideal choice for first-time buyers, young professionals, investors and down-sizers.

Externally, the red brick façade has been carefully retained by developers Charles Church, with characterful features such as refurbished windows and stone dressings punctuating the outstanding exterior and giving a feeling of grandeur upon arrival. Internally, the exposed brickwork theme continues, enhanced by the lofty ceilings and natural light. Each apartment has an open-plan living and kitchen area, enhancing the feeling of space.

Approach

Pandongate House has gated access via secure intercom. This particular flat has independent front door access from the central courtyard.

Entrance Hall

Laminate floor, Electric wall mounted heater, Airing cupboard, Intercom handset.

Living & Kitchen Area 18' 1" by 15' 1" (5m 51cm by 4m 59cm)

Wall and floor units with laminate worksurfaces over, Sink and drainer unit with mixer tap, Integrated oven and hob with extractor hood over, Integrated fridge and freezer, Integrated washer-dryer, large double glazed window, Laminate floor, Two electric wall mounted heaters.

Bedroom 9' 11" by 8' 8" (3m 3cm by 2m 65cm)

Fitted wardrobe, Double glazed window, Electric wall mounted heater.

Bathroom 6' 2" by 6' (1m 89cm by 1m 82cm)

Bath with shower over, Wash hand basin, WC, Heated towel rail, Tiled floor and part-tiled walls, Extractor fan.

Tenure

Leasehold - 125 years from 2004. Grade II Listed.

Services

Mains electricity, water and drainage.
Council tax band C.
EPC D rated.
Service Charge: £1020 per annum (£85pcm)
Ground Rent: £25 per annum

Agents Notes

The property is fully furnished and currently tenanted with 11 months remaining on the lease. Rent is charged at £885pcm.

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.