2 bedroom apartment for sale
Key information
Property description & features
- No ground rent! Freehold owned by leaseholders!
- Gas central heating
- Reserved parking bay
The freehold of this property is owned by the leaseholders which means that there is no ground rent to be paid!
A fantastic opportunity for investors and owner occupiers alike, in a sought after development. Internally, this is a well presented home, with an open plan lounge/kitchen, two double bedrooms, and a family bathroom with 3 piece suite. Quite unusually for newer build flats, this property has gas central heating, for a more efficient and effective heating system.
On Street parking is available outside the building. There is a specific provision in the lease granting the exclusive right to use the car parkingspace (numbered 9 in blue on the title plan).
Placement is key, with a full range of supermarkets within short walking distance and access across the North East via the extensive metro network, overground public transport, and main arterial routes. South Shields is a coastal town, and the beautiful Sandhaven beach and South Shields lighthouse are just a 5 minute drive away.
The property is currently rented on a periodic AST at £595PCM.
Key information:
Lease term remaining: 107 years
Lease start date: 01 January 2006
Lease length: 125 years
Lease end date: 01 January 2131
Internal area: 496 Sq.Ft. (46 Sq.M.)
EPC rating: (2021) 77 (C) Potential 79 (C)
Council tax band: A
Ground rent: N/A
Service charge: £925.98 (projected) for 2024
If this property is being purchased as an investment then we would be delighted to offer 6 months free property management via our sister company, Rent North East.
BIP: Please click here to view our buyers information pack, which includes property certificates, completed TA6 and TA10 law society forms, land registry documents, and tenancy documents.
Council Tax Band: A
Tenure: Share of freehold
Ground Rent: £0.00 per year
Service Charge: £925.98 per year
Places of interest
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Property reference 11368614. 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 6, 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 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 September 27, 2021 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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