MapOffers in excess of
£70,0002 bedroom apartment for sale
Frost Mews, South Shields
Apartment
2 beds
1 bath
495 sq ft / 46 sq m
EPC rating: C
Key information
Features and description
- No ground rent! Freehold owned by leaseholders!
- Gas central heating
- Reserved parking bay
Modern purpose built 2 bedroom flat, built in 2006. This home is located in a pleasant and sought after residential area, with very strong rental demand and a thriving local community of owner occupiers.
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
Council Tax Band: A
Tenure: Share of freehold
Ground Rent: £0.00 per year
Service Charge: £925.98 per year
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
About this agent
Rent North East - Gateshead
412, Aidan House Business Center
Gateshead, Tyne & Wear
NE8 3HU
0191 392 0343Rent North East is a multi award winning property management and lettings agency, offering top rated property management and lettings services across the North East. With a strong local presence in Gateshead, Newcastle and Sunderland as well as the surrounding areas, Rent North East are well placed to let and manage properties across the North East. Rent North East are leading innovators, with a fully online system, enabling applicants to rent a property from the comfort of their homes, and landlords to keep track of progress via their online portal. Our trademark excellent customer service ensures that all properties are online within 48 hours of instruction, and that all enquiries are attended to within 24 hours. So, get in touch, and discover the difference. ----------------------------------------------------------------------------------------- 10Homes. Focused Selling. Focused A 10Homes agent only takes on 10Homes at any time, so that they have the time, resources and motivation that they need to properly focus on getting the best results for you. Better results Buyer information packs, reservation agreements, and online bidding help us to move quicker, secure the best price from a genuine buyer, and to get to completion quicker. The best local agents Every 10Homes agent has significant top level estate agency experience, and has superb local knowledge and practical experience to help get you the results that you need.