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Offers in region of
£175,000

2 bedroom apartment for sale

Citygate, Bath Lane, Newcastle upon Tyne, Tyne and Wear, NE1
Apartment
2 beds
2 baths
678 sq ft / 63 sq m
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 101 yrs left
Council taxBand D
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (101 years remaining)
  • Investment Opportunity
  • Third Floor Apartment
  • Two Bedrooms
  • Tenanted until August 2025
  • £14,400pa Rental Income
  • 8.2% Gross Return
  • Master bedroom with en suite
  • Parking Space Included
  • Council Tax Band D
  • EPC Rating C

Presenting an incredible investment opportunity in the highly sought-after City Gate apartment block, situated just off St James Boulevard. This property is perfectly positioned for easy access to City Centre amenities, Chinatown, Universities, and Central Train Station. Currently tenanted until August 2025, it achieves a rental income of £1,200pcm!

Boasting an open plan lounge & kitchen with integrated appliances and breakfast bar, large storage cupboard to the hallway , two bedrooms with ensuite shower room to the master and a family bathroom with shower over bath.

There is a parking space included with the property.


Service Charge: £4088.56 approx. 

Ground Rent: £75pa 

Remaining on Lease: 102 years

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About this agent

Everbest Properties - Newcastle Upon Tyne
Everbest Properties - Newcastle Upon Tyne
95a Percy Street Newcastle Upon Tyne NE1 7RW
0191 499 9957
Full profileProperty listings
Everbest Properties Ltd.
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