2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (963 years remaining)
- Attention Investors
- First Floor Apartment
- Two Double Bedrooms
- Tenanted until November 2025
- £10,560pa Rental Income
- Large Kitchen/Diner
- Off Street Parking
- Close To Freeman Hospital
- Council Tax Band D
- EPC Rating D
This well-presented two-bedroom apartment is located in a sought-after area, offering exceptional convenience and accessibility. Situated just a short distance from the Freeman Hospital, the vibrant Gosforth High Street with its array of shops, bars, and restaurants, and the tranquil Jesmond Dene, the property enjoys a prime location. Additionally, it benefits from excellent transport links, positioned between two Metro stations, close to local bus stops, and only a 10-minute drive from Newcastle City Centre.
The apartment is accessed via a charming archway leading to a small courtyard and the main entrance. Located on the first floor, the accommodation includes two generously sized double bedrooms situated on either side of the hallway. The family bathroom is well-appointed, featuring a shower over the bath and built-in storage. At the end of the hallway, you'll find an open-plan living space with a lounge, dining area, and a spacious kitchen. Externally there is off street parking to the rear and plenty of on street parking to the front.
This property presents an outstanding investment opportunity, currently achieving a rental income of £880 per calendar month, with tenants in place until November 2025.
Years Left On Lease: 963 years
Service Charge: £333pa
Ground Rent: £35pa
Places of interest
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Property reference 10603242. 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 Everbest Properties - Newcastle Upon Tyne.
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Broadband availability and predicted speed: obtained from Ofcom on April 8, 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 April 8, 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 November 11, 2023 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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