2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (101 years remaining)
- Attention Investors!
- First Floor Apartment
- Two double bedrooms
- En suite to master
- Tenanted until August 2025
- 9% Gross Return
- Central Location
- Within Walking Distance To Central Station
- Council Tax Band D
- EPC Rating C
Fantastic investment opportunity in the ever popular apartment block, City Gate, situated just off St James Boulevard. Perfectly placed for the City Centre amenities, Chinatown, Universities and Central Train Station. Already tenanted until August 2024, and recently pre-let until August 2025 at an increased rent.
Boasting an open plan lounge & kitchen with integrated appliances, large storage cupboard in the hallway , two double bedrooms with ensuite to the master and a family bathroom with shower over bath.
There is no parking with the property, however you can try purchase a residents permit for a nearby car park via Newcastle City Council.
Leasehold - 103 years remaining approx.
Service Charge - Approx. £2,870pa
Ground Rent - Approx. £75pa
Places of interest
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Property reference S_8230995. 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 Everbest Properties - Newcastle Upon Tyne.
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Broadband availability and predicted speed: obtained from Ofcom on January 5, 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:
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022
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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
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Energy Performance data and Internal floor area: obtained on November 21, 2018 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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