Offers in region of
£175,000
2 bed flat for saleCitygate, Bath Lane, Newcastle Upon Tyne, Tyne And Wear NE1
2 beds
2 baths
1 reception
EPC Rating: C
- Leasehold
Everbest properties
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About this property
Attention Investors!
Fourth Floor Apartment
Two Double Bedrooms
Tenanted until May 2025
7% Gross Yield
Two Bathrooms
Allocated Parking Space
Open Plan Living Area
Council Tax D
EPC Rating C
This stylish 2-bedroom apartment, located in the heart of Newcastle city centre, offers a fantastic opportunity for both investors and buyers looking for a convenient city lifestyle. The property features a spacious master bedroom with the added benefit of an ensuite with shower, as well as a second well-sized bedroom, and family bathroom with shower over bath. The open-plan living area provides a bright and welcoming space for relaxation and entertaining.
Additional highlights include electric heating throughout, and allocated parking, a highly sought-after feature in the city centre. The apartment is currently tenanted until May 2025 receiving £12,600pa, offering immediate rental income potential.
Perfectly situated to enjoy all the amenities and attractions that Newcastle has to offer including Eldon Square Shopping Centre, Central Train Station & both Newcastle/Northumbria Universities, this property is ideal for those seeking a modern and hassle-free living space or a solid investment opportunity.
Lease Remaining - 101 years
Service Charge - £4,224pa approx
Ground Rent - £75pa
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review