2 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (104 years remaining)
- No Chain Involved
- Approx. Floor Area 69 sq M or 743 sq FT
- Council Tax Band C
- Epc rating c
The apartment has a tenant in situ and is being sold as a buy to let investment, with a 7.58% yield.
This remarkable property is nestled within the Ochre Yards development, offering a prime location within walking distance of Newcastle City Centre. The property has a tenant in situ and is being offered as a ideal buy to let investment.
Location
It's a seamless fusion of urban convenience and tranquil living. Gateshead Town Centre, replete with amenities such as Tesco, a cinema, and diverse dining options, is easily accessible. An extensive network of transport links, including a bus and Metro interchange, ensures effortless connections to the surrounding areas.
Leasehold Information
The property is Leasehold for 125 years from 1 January 2004, providing approximately 104 years remaining as of April2024. The seller has verbally advised a ground rent of £195 per year and a service charge of approximately £236 paid monthly. Full details will be confirmed by solicitors.
Interior Features
The entrance hall sets the tone for this elegant apartment. It opens into an open-plan lounge, kitchen, and dining area, creating a seamless flow of space and light. The lounge area boasts a built-in sound system and a wall-mounted TV, with doors leading to an inviting balcony and patio area. Electric heaters and carpeting provide warmth and comfort, while the dining area offers ample space for entertaining. Unleash Your Inner Cinephile! This flat comes with a built-in entertainment section, complete with pre-wired hidden home cinema potential and ceiling-mounted speakers in both the bathroom and lounge.
The kitchen is a chef's dream, featuring high-spec appliances and stylish wall and base units with under cupboard lighting. Integrated appliances include a coffee machine, dishwasher, fridge, freezer, microwave, electric oven, and electric hob with a hood. An inset sink and drainer with a mixer tap add both functionality and elegance.
Bedrooms and Bathrooms
The master bedroom is a sanctuary of relaxation, boasting an extensive range of built-in sliding wardrobes, double glazed doors leading to the patio area, and an en-suite shower room/WC. The en-suite is tastefully designed, featuring a low-level W.C., a hand wash basin with a mixer tap, a shower cubicle, and stylish tiled walls. The second bedroom, a comfortable double, also offers doors to the patio area, while the main bathroom/WC showcases a white suite with a low-level W.C., a hand wash basin with a mixer tap, and a panelled bath with an overhead shower.
Exterior
The apartment comes with an allocated parking bay and a rear patio area with views towards the Tyne Bridge. A front terrace adds to the appeal of outdoor living.
Security and Peace of Mind
Accessed via a communal entrance with a coded entry system, this home ensures security and peace of mind.
Don't miss this exceptional opportunity to own a high-specification ground floor apartment with outstanding features and a convenient location. Embrace the possibility of a fully furnished home and a lifestyle of comfort, sophistication, and easy access to vibrant city living.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
QLF210014/2
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OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 11, 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 11, 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 June 9, 2015 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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