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![1 bedroom Flat for sale](https://media.onthemarket.com/properties/15668429/1506112415/image-0-1024x1024.jpg)
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1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (105 years remaining)
- Ideal for landlords: Tenant in place, wishes to stay.
- Rental income: u00a3475 per month.
- Attractive yield: 10.36% return.
- One bedroom flat on the second floor.
- Parking: Includes a garage in a nearby block.
- Modern amenities: Kitchen with integrated appliances.
- Updated bathroom: Contemporary shower room.
- Outdoor access: Communal gardens.
- Leasehold: 105 years remaining. System
- Additional details: EPC rating D (58), Council Tax Band A, virtual tour available.
ATTENTION LANDLORDS This charming one-bedroom second floor flat has a tenant wishing to stay who is currently paying £475 PCM providing a yield of 10.36%. Features include a garage within a nearby block, modern kitchen with integrated appliances, contemporary shower room and access to communal gardens. Situated in a desirable area, leasehold property with 105 years remaining. Energy Performance Certificate (EPC) rating: D (58 ), Council Tax Band A, virtual tour available.
Features
- Kitchen-Diner
- Garage
Property additional info
Room title:
Located the the popular Fellgate Estate close to local schools, shops and Fellgate Metro with links to both Newcastle and Sunderland. We offer for sale with a tenant wishing to stay paying ?475 PCM. This one bedroom second floor flat provides an ideal investment property. On entering the property via a security entry system is the entrance communal hallway with staircase. Wooden entrance door to the flat hall, master bedroom, shower room, lounge/diner and kitchen. Externally there is a communal grassed area and a single garage in a separate block.
GROUND FLOOR:
There is a security intercom system to open the front door of the main building to the communal hall and staircase. The flat is located on the second floor which is only accessed via the stairs.
SECOND FLOOR:
Wooden security door to the flat hallway.
HALLWAY:
A long hallway with built in storage cupboard, laminate flooring, ceiling spot lighting.
BEDROOM: 12' 9" Max x 9' 10" (3.90m x 3.00m)
uPVC double glazed window, electric heater, built in wardrobe and storage cupboard.
SHOWER ROOM: 6' 3" x 5' 4" (1.92m x 1.63m)
corner shower cubicle with electric shower, Wash basin with base storage cupboard, WC, cladded panel walls, laminate flooring, extractor fan,
LOUNGE/DINER: 16' 3" x 10' 6" (4.97m x 3.22m)
A spacious room with large uPVC double glazed window with views over the front lawn area, electric heater, laminate flooring, ceiling spot lighting.
KITCHEN: 7' 8" x 7' 1" (2.34m x 2.16m)
Fitted with a modern range of wall and base units, complimentary work tops, cladded walls and splash backs, integrated oven and electric cooking hob with extractor over, integrated fridge/freezer and plumbed space for a washing machine, sink and drainer with mixer tap, laminate flooring, ceiling spot lighting, uPVC double glazed window.
GARAGE:
There is a single garage at the end of a block opposite the main building.
HEATING:
Electric heating only.
GLAZING:
uPVC double glazed windows only.
TENURE:
The flat has a lease of 105 years remaining from 1st March 2005. There is a service charge of ?110 PCM and is reviewed yearly. The owner has advised our office the residents committee are in the process of seeking a new management company to reduce the monthly service charge.
COUNCIL TAX:
The property is in Council Tax band A.
ENERGY EFFICIENCY:
EPC rating D (58). Please speak to a member of staff for a copy of the full Energy Performance Certificate.
VIEWINGS:
We have created a virtual tour which can be viewed on our YouTube channel, our website, property portals and our social media accounts such as Facebook, Twitter and Instagram. To arrange a viewing please contact the office.
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.
MORTGAGE ADVICE:
We have independent mortgage advisers within our branch, who will search the whole market to find the best suitable mortgage and help you progress through the process. Contact our office to arrange a telephone or office appointment.
AGENTS NOTES:
Whilst we endeavour to make our particulars accurate and reliable, they should not be relied on as a statement or representations of fact, and do not constitute any part of an offer or contract. The owner does not make or give, nor do we or our employees have authority to make or give any representation or warranty in relation to the property. We have not checked or tested any appliances mentioned (including heating systems or electrical fittings) therefore working order cannot be confirmed. All measurements are given to the nearest 5cm.
Construction materials used: Insulated concrete framework.
Roof type: Flat.
Water source: Direct mains water.
Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (electric).
Mobile signal/coverage: Good.
Flooded in the last 5 years: No.
Does the property have flood defences?
No.
Parking Availability: Yes.
Property information from this agent
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Property reference JU_PRP_5754. 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 David Bailes Property Professionals - Stanley.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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:
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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 December 21, 2021
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 April 22, 2024 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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