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Guide price
£139,000

3 bedroom apartment for sale

The Open, Newcastle upon Tyne, Tyne and Wear, NE1 4DB
Sold STC
EPC rating: B
Apartment
3 beds
1 bath
624 sq ft / 58 sq m
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 87 yrs left
Council taxBand B
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (87 years remaining)
  • Being Sold via Secure Sale Online Bidding. Terms & Conditions apply.
  • Currently Tenanted
  • Three Bedroom Apartment
  • City Centre Location
  • EPC RATING B
Appealing to buy to let investors is this well presented 3 bedroom 2nd floor apartment centrally located within the heart of Newcastle City Centre. The property has been rented out as a three bedroom property which has been generating an income of £17,056 per annum and currently has an HMO licence. The accommodation briefly comprises; secure communal entrance with intercom system, lift and stairs to all floors, entrance hallway with storage cupboard, lounge with walk in bay window, well appointed kitchen with a good range of wall and base units, space for appliances, three bedrooms and a three piece bathroom/W.C.

Externally there is an allocated car parking bay which is currently rented out separately generating an income of £1200 per annum, also motorbike parking.

The property is centrally located close to both Universities, RVI hospital, St James Park football stadium, bars, restaurants, Eldon Square Shopping Centre, Haymarket Metro Station.

AGENTS NOTE: There is currently an HMO License to rent out as 3 Bedrooms to 3 Tenants (Students/Professionals).

Please note the Annual Service Charge includes Unlimited Water Bill of £554.56 within the cost of £2908.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 87
Annual Ground Rent Amount: £20.00
Annual Service Charge Amount: £2,908.00

About this agent

Pattinson - Yorkshire Auction
Pattinson - Yorkshire Auction
Gateshead, Tyne and Wear NE8
0191 686 1454
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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