2 bedroom apartment for sale
Key information
Property description & features
Located in the popular development of Pickering Place, this property presents an opportunity to acquire a lovely home in an ever popular location, and interest is expected from owner occupiers and investors alike.
Location:
Ideally suited to those working or studying in Durham, Newcastle, Sunderland or Gateshead, with quick and easy access to the following amenities and transport links amongst many others:
Supermarkets: Spar - 1 min drive, Sainsburys Local - 2 min drive.
Bus stop: Approx 5 min walk.
Arterial routes: The development is very close to the A1M
Brief property information:
Internally, there is approx 667 ft2 (62 m2) of well utilised space, including an open plan lounge opening onto a full size kitchen, a spacious master bedroom with en suite, a family bathroom, and a second bedroom.
The communal areas of this building are well maintained, and the apartment is accessed via a bright and open entrance stairwell, with double height windows leading up to the vaulted ceiling. Externally, there is a parking area, and landscaped areas.
The communal areas are well kept, with cleaners attending regularly and landscape gardeners retained to maintain the external areas.
EPC Rating (2015) 80 (C) Potential 82 (B)
Council Tax Band B (Estimated £1714.00 min p/yr)
Investment overview:
The property is currently let on a fully furnished basis, on a periodic AST. Preferable terms were agreed, with rent recently increased to £575PCM (as of 31st December 2022), however market value is circa £600.00PCM. The property can also be sold with vacant possession.
Please contact 10Homes for full buyers information pack, to include the full lease, tenancy documents, SC and GR statements, and property records/certificates.
Building manager: The building and grounds are managed by Kingston Property Services. The freeholder is Gentoo Homes Ltd.
Tenure:
Leasehold term : 125 Years From 1 January 2007
Ground rent: £125.00 per annum
Service charge:
The last full 12 month charge (until 31/03/2023) of £923.68 has been raised/settled via Kingston Property Services
The building service charge includes communal cleaning (inc windows), electricity for communal areas, buildings insurance, fire risk assessment, landscape maintenance, emergency lighting testing, as well as general building maintenance and upkeep items.
Click here to view our full buyers information pack available, to include:
Title register & plan
Completed TA6, TA7 and TA10
Tenancy documents
Council Tax Band: C
Tenure: Leasehold
Lease Years Remaining: 108
Ground Rent: £125.00 per year
Ground Rent Review Period: 25 years
Service Charge: £923.68 per year
Places of interest
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Property reference 11569819. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Rent North East - Gateshead.
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Broadband availability and predicted speed: obtained from Ofcom on January 29, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 29, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on November 15, 2015 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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