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1 bedroom apartment for sale

21 Waterloo Street, Newcastle upon Tyne NE1
Apartment
1 bed
1 bath
387 sq ft / 36 sq m
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 104 yrs left
Ground rent£125 per annum | review period: unconfirmed
Service charge£5,040 per annum
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (104 years remaining)
  • Buyers Fee Applies
  • Currently Tenanted
  • Great Investment
  • Great Transport Links
  • Modern Apartment
We welcome to the market this fantastic one bedroom city centre apartment on Waterloo Street. Situated in the heart of Newcastle, this apartment offers a chance to be near to all local amenities and brilliant transport links.
The building also benefits from a concierge service.
This property is currently tenanted but can be offered with vacant possession.
Please Note a buyers fee does apply. The buyer makes a payment of £2000 buyer premium on offer acceptance. This is paid to reserve the property to the buyer, subject to a satisfactory survey and is paid in addition to the purchase price.

Council Tax Band: A (Newcastle Council )
Tenure: Leasehold (104 years)
Ground Rent: £125 per year
Service Charge: £420 per month (reviewed every 1 years)
1 Allocated parking space to apartment
Tenant agreement until August 25 - Paying £975 pcm
Service charge due to drop to £335 approx in 2025.
Peppercorn lease

Property information from this agent

About this agent

Property Talk Management - Newcastle Upon Tyne
Property Talk Management - Newcastle Upon Tyne
444 West Road Fenham Newcastle upon, tyne and wear NE5 2ER
0191 499 9250
Full profileProperty listings
Anthony ‘Tony’ Fairs is an entrepreneur from Fenham, Newcastle Upon Tyne where he lives with his wife and 2 springer spaniels. He started his property journey at Northumbria University where he studied a BSc Hons in Estate Management. Over the years he has appeared a number of times on ‘Homes Under The Hammer’ as well as local and national press. He does regular public speaking events for The Property Investment Network and charity work. From university he went on to manage a number of local estate agency offices and then one of the biggest auction houses in the country. Over the years Tony has carried out in excess of 8000 sale and rental valuations which is evident in his local knowledge and he has sold and let well in excess of 2000 homes In 2013 Tony opened Fairs Estates now rebranded as Property Talk Management who offer all Estate Agency services including property sourcing, private/auction sales as well as a lettings/management department. The business is registered with The Property Ombudsman and currently manage in the region of £12million of property assets on behalf of clients. His company are also responsible via there power team for the maintenance of these properties from small jobs through to full home renovations. In late 2018 Tony started investing in property alongside JV partners and has purchased 34 properties with a portfolio value in excess of £1,995,000 using BRR as his primary strategy alongside high yielding BTL. In 2020 he opened "Fairs Investments" a sourcing and property education company and in that 1st year purchased £5.7m worth of property carrying out refurbishments to the tune of £624,000. 2020 also saw Tony acquire 2 serviced accommodation units to capitalise on the staycation boom. In the same year he also launched "Fairs Developments" alongside a local planner and Quantity Surveyor and they agreed to their 1st site with a GDV of £1,000,000 which will commence building this summer. He also launched a successful property podcast "Property Talk On The Tyne".
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