No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£175,000
Added today

2 bedroom apartment for sale

Centralofts, Waterloo Street, Newcastle Upon Tyne, NE1
Chain-free
Added today
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Apartment
2 bed
2 bath

Key information

Tenure: Leasehold
Ground rent: £125 per annum | review period: unconfirmed
Service charge: £6,839.14 per annum
Council tax: Band D
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold
  • City Centre Apartment
  • Fourth Floor
  • Allocated Parking Space
  • Two Double Bedrooms
  • Two Ensuite Bathrooms
  • Private Balcony
  • Part time Concierge Service & Lift
  • Energy Efficiency Rating C
* FOURTH FLOOR, TWO BEDROOM APARTMENT WITH BALCONY AND NO ONWARD CHAIN * This Centralofts apartment is set in an Art-Deco building in the heart of Newcastle's City. The property is ideally located with access to amenities, Central Station and local transport links. Part time concierge service and lift access included within the building. The property provides, Entrance hall, open plan living/dining/kitchen area, two double bedrooms, both with ensuite bathrooms, and a further cloakroom/WC. Energy Efficiency Rating C. Council Tax Band D.

Entrance Hall
Wall mounted electric heater, built in storage cupboard housing hot water cylinder.

Cloakroom / WC
WC, vanity wash hand basin with storage underneath, built in sliding door wardrobe, extractor fan.

Open Plan Living/Kitchen
(9.43m x 6.05m MAX)
Living Area
Double glazed windows and French doors leading to private balcony, wall lighting, wall mounted electric heater, television aerial point, entry phone system.

Kitchen Area
Range of wall and base units with work surfaces incorporating; stainless steel sink unit with mixer tap, electric oven and hob with stainless steel extractor fan above, built in fridge/freezer, washing machine and dishwasher, part tiled wall and down lighting.

Bedroom One
(6.12m x 2.91m MAX)
Double glazed window, wall lighting, wall mounted electric heater.

Ensuite Bathroom
(2.12m x 1.67m)
Panelled bath with dual shower heads overhead and glass shower screen, WC, wash hand basin with vanity storage underneath, electric shaving point, heated towel rail, extractor fan, part tiled walls.

Bedroom Two
(6.12m x 2.93 MAX)
Double glazed window, wall lighting, wall mounted electric heater.

Ensuite Bathroom Two
(2.12m x 1.72m)
Panelled bath with dual shower heads overhead and glass shower screen, WC, wash hand basin with vanity storage underneath, electric shaving point, heated towel rail, extractor fan, part tiled walls.

Leasehold Information
There is a remaining 103 years on the lease approximately. We have been advised there is an approximate service charge of £6839.14 per annum. Please note the service charge has been increased recently to allow for substantial works to the building and maintain a reserve fund for any future works. This includes roof works, parapet work and mosaic tiles. A total of £200,000 is being collected from the leaseholders through the 2024 budget for the major parapet works. The balance for the work will be forward funded by the freeholder and will be repayable in the 2025 budget.

We have been advised by the managing agents that remediation of the rear wall render has not yet been done. The management company has submitted the remediation design to the BSR for approval and are awaiting confirmation of dates of when the works will take place.

The property has a ground rent of £125 per annum which doubles every 25 years up to £1000 for the last 25 years of the term. Please be advised we have not inspected the head lease.

Material Information
Tenure: Leasehold
The block is managed by Kingston.
Council Tax: Band D. Authority; Newcastle City Council. For current rates please visit: new.newcastle.gov.uk/council-tax/council-tax-explained/council-tax-bands
Utilities: Mains sewerage, water and electricity are connected. Please note there is no gas supply to the property. Heating is via radiators where the water is heated through an electric hot water tank.
Broadband: Follow the link to check broadband providers and speeds; Broadbandcheck.co.uk
Mobile Phone Coverage: Follow the link to check mobile signal for all networks; Signalchecker.co.uk
Parking: This property comes with an allocated parking space where a parking fob is required. This is a jockey bay -owner of other space must share their vehicle keys in the event their car needs to be moved for access.

You would need to instruct your solicitor to review the lease for any restrictive covenants, we have not been advised of any at the outset of marketing. Please note the lease can be made available upon request.

Property information from this agent

Places of interest

    Sales, Letting & Management Agent An estate agent that knows how much a home means, Living Spaces help take away the stress and hassle of selling, buying, renting, letting and managing property across Newcastle upon Tyne. Our award-winning property specialists have been providing an honest, transparent, professional and knowledgeable service to clients in and around Newcastle for over 20 years. From helping first-time buyers, to taking care of over 420 private landlords’ properties, our customers are our top priority. By listening to the wants and needs of our clients, we turn a time-consuming process into something much easier. Start your property journey today with a service you'll feel at home with.

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    *DISCLAIMER

    Property reference GRS240166. 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 Living Spaces - Newcastle upon Tyne.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 21, 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:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.