£115,000
2 bed flat for saleThe Bar, Newcastle Upon Tyne, Tyne And Wear NE1
2 beds
2 baths
1 reception
EPC Rating: C
- Auction
- Leasehold
Bridgfords - Newcastle Sales
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About this property
2 Bedroom Apartment – The Bar, NE1
This stylish two-bedroom apartment at The Bar offers excellent value at this level, combining modern city living with superb views.
Positioned on the 7th floor, the property enjoys an elevated outlook and features a private balcony accessible from both the living room and principal bedroom – perfect for relaxing or entertaining.
Inside, the apartment comprises:
A bright and spacious open-plan living area
A modern fitted kitchen with integrated appliances
Two double bedrooms, the principal with en suite shower room
A further family bathroom
With approx. 103 years remaining on the lease, the property represents a strong investment or an ideal home for those seeking a vibrant city lifestyle.
Key Information:
Approx. 103 years remaining on the lease
Service charge: Approx. £2,500 per annum
Ground rent: £350 per annum
Balcony with dual access
Lift access and secure entry system
The Bar enjoys a prime city centre location, with Newcastle’s bars, restaurants, shopping, and transport links all within easy reach.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
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More information
Tenure
Leasehold (102 years)
Service charge
£2,500 per year
Council tax band
D
Ground rent
£350
Ground rent date of next review