£49,500
2 bed flat for saleAcomb Court, Gateshead NE9
2 beds
1 bath
1 reception
EPC Rating: C
Pattinson - Low Fell
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About this property
First Floor Apartment
Gas Central Heating
UPVC Double Glazing
Great Views
Currently Gross Yield of Up To 13%
Current tenant is on a 30 day rolling contract
Summary
Positioned on the first floor and enjoying far-reaching views, this attractive two-bedroom apartment presents an excellent investment opportunity. The property benefits from gas central heating, double glazing, a lift, and stair access via a secure communal entrance, as well as ample communal parking.
The location offers strong tenant appeal, with excellent road links providing easy access to the A1 and frequent bus services connecting to Newcastle, Gateshead, and surrounding areas. The qe Hospital is also conveniently close, further enhancing rental demand.
The accommodation briefly comprises a secure communal entrance with a lift and stairs to all floors, a welcoming hallway, a generous lounge, two well-proportioned bedrooms, a fitted kitchen, and a bathroom.
The property is currently tenanted, generating an income of 510 per calendar month, and is held on a rolling 30-day tenancy, offering flexibility for both investors and owner-occupiers.
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 106
Annual Service Charge Amount: 1,206.00
Communal Entrance
Secure entrance system, stairs and lift to all floors
Entrance Hall
Radiator, laminate flooring, two built-in cupboards
Living Room (3.8m x 6.4m)
Three UPVC double glazed windows enjoying great views, laminate flooring, radiator
Kitchen (1.9m x 4.6m)
Fitted in a range of wall and base units, electric hob and oven with extractor over, UPVC double glazed window
Bedroom One (4.6m x 3.8m)
UPVC double-glazed window, radiator
Bedroom Two (3.8m x 3.2m)
UPVC double glazed window, radiator
Bathroom (1.6m x 2.0m)
Three piece suite comprising panelled bath with electric shower and glazed shower screen, WC, pedestal wash basin, radiator, part tiled, extractor fan
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