No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£90,000
Added > 14 days

2 bedroom apartment for sale

Hanover Mill, Hanover Street, Newcastle Upon Tyne, NE1
Auction
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Apartment
2 bed
1 bath
EPC rating: B*
904 sq ft / 84 sq m

Key information

Tenure: Leasehold | 106 yrs left
Ground rent: £389 per annum | review period: unconfirmed
Service charge: £3,000 per annum
Council tax: Band D
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (106 years remaining)
  • Investment opportunity
  • Prime Quayside location
  • Resident parking
  • Open plan living
  • Leasehold 108 years remaining
  • Close to amenities
  • En suite facilities
  • Epc – b (82)
FOR SALE BY AUCTION

An opportunity to acquire this two bedroom flat boasting an open-plan layout, resident parking and plentiful of potential, situated on Newcastle’s Iconic Quayside. The property would make an ideal purchase for investors, first time buyers and young professionals alike.

DESCRIPTION
As you enter through the front door, you'll step into a spacious hallway leading into the living area. This area includes a generously sized open-plan kitchen, dining, and living room. The kitchen is equipped with a variety of wall and base units, along with integrated appliances such as a dishwasher, oven, 4-ring hob, and hood. There are two bedrooms, one of which has its own en suite shower room. The accommodation is completed by a bathroom featuring a toilet, handwash basin, and a bath with a shower overhead.

The apartment is accessed from Hanover Street and offers a secure communal entrance with an intercom system. Stairs and an elevator provide access to all floors. Additionally, the apartment comes with resident parking.

The property presents an ideal investment opportunity, as it currently has a tenant in place until June 2024.

LOCATION
Situated in the desirable Hanover Mill, on Newcastle’s vibrant Quayside, this development is situated in a perfect location for young professionals or city workers to call home, providing a wealth of entertainment from both the Quayside and Newcastle City Centre.

This apartment is within striking distance of Newcastle’s abundance of offices, universities, and amenities, including the BALTIC Contemporary Centre of Art, shops, restaurants, and bars. There are excellent transport and road links offering easy accessibility to Jesmond, Gosforth, Gateshead’s Metrocentre, and the A1, as well as Newcastle Train Station, just a short 5-minute walk away, with direct lines both North and South.

SERVICES
Mains water, electricity and drainage are connected. Double glazing throughout.

COUNCIL TAX BAND
Newcastle Upon Tyne - D

TENURE
Leasehold -125 years from 27 November 2006
Service Charge - £3000 p/a l Ground Rent - £389p/a

*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 buyer 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 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 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.*

Places of interest

    We are a multi-disciplinary chartered surveying and property consultancy with more than 25 years’ experience of the local housing market.Operating primarily from our Durham, Gosforth and Alnwick offices, our residential team is made up of highly qualified, motivated staff who pride themselves on offering an unrivalled personal service to homebuyers and sellers. We guide you through the sales process from instruction through to completion and strive to make this journey as hassle-free as possible.With our in-depth local knowledge, we are best placed to provide advice on the valuation, acquisition, disposal and letting of a wide range of homes. Our extensive marketing and negotiation skills enable us to get the best deal for you in a timely and efficient manner.We also provide consultancy services on a diverse range of regeneration projects, from city centre residential developments to mixed-use out-of-town schemes.

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    *DISCLAIMER

    Property reference GSF230153. 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 Bradley Hall - Gosforth.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021

    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 December 22, 2021

    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 February 21, 2020 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.